Should Boeing Buy GE?

Could Boeing Go Bankrupt? • Why Hasn't Boeing Re-E...
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General Electric has long been a trusted name in commercial aviation. From building the most popular turbofan of all time, to developing the world’s largest and most powerful engine, the company’s fingerprints are all over the industry. But despite its strong legacy, it hasn’t been immune to the downturn that COVID 19 has induced. With the layoffs and losses piling up, it begs the question: What happens if GE goes belly up? Let me explain…
#GE #Boeing #Airbus #RR #Raytheon

[@EastBayBlue]

GE is a Defense Contractor. They aren’t going anywhere.

[@uriblaketheriddimprotege]

Good point!!

[@jonathanw11]

Exactly. This speculation makes no sense because it just wouldn't be likely to happen if GE did get into serious financial trouble. The government would flood it with cash in a heat beat.

[@karlossargeant3872]

@@jonathanw11 LOL A heart Beat.

[@drewmj70]

And EBITA of $16B.. All of the pain that GE has endured over the last 12 years is a directly related the highly leveraged GE Capital (which they have offloaded). Since 2008 they have clearly sold or written down a huge amount of assets. Just looking at the change in revenues has no context, and given the circumstances, is pretty meaningless. They have actually done a lot in that time to clean up their balance sheet and have a reasonable amount of cash on hand.. and are profitable again.

[@trevorhart545]

@@jonathanw11 Breach of WTO rules. Would have to split into 2 Companies. Commercial that is BUST! and Military that is Subsidised. Same fact with Boeing.

[@anotheruser9876]

I'd say that in the event of a bankruptcy the engine technology of GE could be bought by Honeywell more so than by Raytheon.

[@peterkotara]

I also thought Honeywell could be a good fit, Perhaps Siemens could work as well.

[@obelic71]

@@peterkotara Siemens wants to sell its gas and power division and expand its healthcare/windturbine division. Alstom in France sold its powerplant division so they could merger with Bombardier to become the biggest railway stock company in the world. Toyota in Japan is silently requiring other branches of hightech transport industries for years. Toyota motor cars is just one (important) division. They have the money and buy other companys for the long run. So don't count them out.

[@peterkotara]

@@obelic71 I did not know that. I suppose if Toyota have the cash then GE might make a fitting addition to the stable. Pity though, I like the thought of Siemens/GE. I must say a GE9X powered Prius mould be killer though.

[@obelic71]

@@peterkotara Toyota has the cash 2 years ago they had the biggest buy of a companny in History 12 Billion dollars. thats the GDP of a small country! Toyota is one the least known tech giants regarding industrial transport equipment. But personally i think if GE is going to go belly up it will be bought by a consortium of US companies.

[@peterkotara]

@@obelic71 _" i think if GE is going to go belly up it will be bought by a consortium of US companies"_ I would say you are correct there, But which companies?. Which company did Toyota Group purchase for 12 Billion? are you sure it wasn't 12 billion yen?😁

[@stanbrow]

The idea of an airframes owning an engine maker is really unlikely

[@EduardoEscarez]

Also it would require a ton of money Boeing doesn't have or it will require to maintain itself afloat.

[@ifpstopmotions9720]

Also, an aircraft manufacturer can't even produce it's own engines in the us.

[@maxant4285]

It is prohibited

[@roberts9095]

De Havilland would beg to differ

[@bricefleckenstein9666]

@@roberts9095 De Havilland has been gone (asorbed IIRC) for decades.

[@Chrisp707-]

GE is a defense is contractor they’re not going ANYWHERE

[@kirksorum2720]

Pratt & Whitney was originally a Boeing company. The government made Boeing sell it because they considered owning their own engine company was a monopoly.

[@ACPilot]

They owned United Airlines as well..

[@kirksorum2720]

@@ACPilot indeed

[@Blank00]

GE and PW is like Honda and GM. The design teams and management have to be from the right half, otherwise both brands will fall apart before our eyes. Boeing management came from the wrong half of the Boeing-MD merger, thus the 787 issues and MAX debacle, but what if Boeing kept their legacy management?

[@ajs9688]

Cody, Boeing and Pratt and Whitney were once the same company. The government broke them up for antitrust competition reasons. Therefore it is unlikely that Boeing would be allowed to own GE.

[@blowemall]

You are one of the few that even know this fact…..the rest seem like babbling folks with very little knowledge about…..anything aviation.

[@EmilienGosselin]

CFM International (the manufacturer of the LEAP and CFM56) is 50% GE and 50% Safran. It's not that easy for GE to be bought...

[@johnsondebrah9527]

And also I think this is where too big to fail comes in I mean the consequences will be too harsh to bear

[@paulmasio650]

Lockheed Martin can be a serious contender for GE takeover

[@busaf95]

Similar issue to what Colby stated for Boeing except the anti trust issue would be with Boeing for military engines vs LM, plus LM's military lineup is very heavy Pratt and Whitney .

[@nitinaravindraj6753]

Hello again, after a long time!

[@seattleg7130]

Great contents as always!

[@marckantor5352]

I think it’s more likely GE would buy Boeing then the other way around.

[@garyhughes9649]

Marc not sure why you thought GE would buy Boeing Jets have to have engines but GE Will Survive without Boeing. Cars and trucks obviously need tires but I don't think Goodyear has ever thought about buying GM or Ford. Although nothing would surprise me nowadays. As of late GE has had trouble developing the triple 7x engine admittedly it's huge but they've had trouble I don't know if they want to take on the problems of developing Jets the giant Boeing has flopped at it the last couple of years.

[@marckantor5352]

@@garyhughes9649 Hey Gary, I don’t think GE is going to buy Boeing necessarily, but I definitely don’t think Boeing would acquire GE, but like you said nothing would surprise me. There was a time GE was buying everything.

[@raptorshootingsystems3379]

GE is not in a financial position to buy Boeing, GE has been divesting assets and business units for over 5 years as to works to get to a much smaller / leaner company.

[@tradjazzer]

thanks for a very interesting video. As I live in the U.K I would suggest Rolls Royce, but RR has made some losses as well; so I doubt they want to buy GE.

[@bigkahunaburger5185]

Excellent analysis!! Thank you for putting this together. My first thought was a purchase by a competitor rather than Boeing. May also see a spin off and a capital raise. Seems like the new CEO is getting GE moving in a better direction. It would be a shame to see one of the legacy US manufacturers go out of business.

[@glennmcc64]

As an ex air force engine guy, let GE survive, their reliability is legendary. Rolls-Royce use to be the same, but not as much recently.

[@mrrolandlawrence]

RR went bust in the 1970s with the RB211 program. engineers forwarned of the trent issues if it was rushed. so suits did just that. sped to market. we all know how that turned out. ultra fan sounds awesome, but RR have not been percieved to be in the cutting edge of engine design for a while.

[@georgekats2781]

Thought the same from the beginning of the video (liked!)

[@fighter5583]

Air Canada's flight decks all look like they're wearing a pair of shades.

[@lowcolin]

You must be living under a rock, GE book has been improving much over the last 2 years. 2020 FCF is doing exceptional well.

[@roctechproductions]

Dont forget the GE and Safran partnership company CFM

[@RaY_77W]

Yup they both make up cfm, I’ll say cfm 56 is more Safran and the Leap series is more GE.

[@cptyyz_aviationcar-lover3355]

Coby these videos are amazing and I love how you add multiple futures for companies. Btw can you please add more Tim DoD music. I also love everyday astronaut!!! :)

[@QuietStormX]

For Me I served in the Airforce working on Jet & TF engines. They were easy to Fix and repair for Me that I could put out 2-3 engines a day compared to others in my Engine Shops.. ;-)

[@bobmister250]

GE stock is worth over $100B. If they need cash, they can sell $10B worth of stock. That having been said, they made nearly $6B in 2020, so they're doing fine.

[@Belsarius26]

To answer the question, I would prefer GE to survive, I have always been a fan of this company.

[@alphamalegold1]

Your best video so far

[@alphamalegold]

Those composite blades are 🤤

[@ADB-_]

Very soon here, Btw a nice one

[@adamcollins9404]

I'd choose Rolls Royce, in my opinion of working on all 3 manufacturer's engines, RR definitely do a great job

[@filledwithvariousknowledge1065]

Sadly not as well as they used to as they seem to have a lot of issues now. Their reputation has been badly damaged by Trent 1000 and so is P&W’s over the P&W 1000G frequent issues and now P&W 4000-112 failures on the oldest 777’s

[@3heiniken]

@@filledwithvariousknowledge1065 that by-product of pushing the limits of new technology. no one survives in aviation without getting their hands dirty. boeing with the dreamliner and MAX fiasco, airbus and bombardier both getting caught in illegal bribes.

[@nntflow7058]

Girl, you haven't watched the news didn't you? RR is on the rock as well.

[@larrydugan1441]

GE makes great engines. Better track record than RR. Sorry.

[@fuckheinschitt239]

Sorry GE and CTM engine is far better than RR

[@FlyboythaACE]

Good content 👌 I subbed

[@dennisthebrony2022]

You should talk about Why The 787-9 has more range than the 787-8, even though it's a stretched variant, and why the 787-10 has the shortest range.

[@mmm0404]

787-9 has larger tanks than the 787-8 and the 787-10 shares the exact same tank size as the 789 ,

[@dennisthebrony2022]

@@mmm0404 I really think Boeing should introduce a HYBRID version of the 787-10 to increase the range. It will use both Jet fuel and an onboard battery to power the engine.

[@mmm0404]

@@dennisthebrony2022 don't worry , Boeing is already working on improving the range of the 787-10. It will have a similar range to the 777-200ER/300Er. Using larger fuel tanks will do the trick

[@bricefleckenstein9666]

@@dennisthebrony2022 Any hybrid version would LOSE range, or LOSE load capacity. Batteries weigh more *AND* store less energy than kerosene per pound or per kilogram.

[@jjsifo1]

Very good , thanks.

[@abdisgamez2313]

I love this channel, I don't get why he doesn't have a million subs yet

[@sarang9152]

amazing!!

[@Kevin-qn6iv]

Good video. Just one small correction from the beginning of your video. I’m a current GE Aviation employee and we actually have really small margins on selling new engines. We make a large portion of our money off selling spare parts. None the less, your point holds up from the beginning.

[@Calebs_Aviation]

I also immediately thought of Raytheon purchasing GE or at least GE Aviation because especially more recently it would be good for Boeing not to loose GE and if GE joined P&W it would be great for Boeing especially since they’ve been heavily invested in GE jet engines especially for its newer aircraft and some older aircraft like the Classics of the P&W engines on the 747, 737, 757 & 767. Also the Classic 777 and all GE has designed and implemented a lot of newer Boeing turbofans for the 787, 737 MAX, 747-8 and 777X.

[@richardwilcock2942]

Their engines are amongst the most reliable. Pratt and Witney's old engines are having their problems as was their geared turbofan. Rolls Royce had issues with the Trent 1000. Cfm seem to be doing OK and GE have a share. Covid will decide. I suspect that single aisle long haul planes will do well so good news for CFM and Pratt and Witney. Rolls Royce need to get the Ultrafan into single aisle planes ASAP.

[@paultaendler3308]

Pretty good analysis! Highly unlikely but always possibly

[@arnofulpius5204]

its funny how you used so many clips from the swiss 777-300 er launch video! otherwise great job making this video and you got yourself a new sub

[@simpanco8049]

I thought rolls royce would buy ge if they sell lol

[@Arkan_Fadhila]

anti trust : nah

[@alphamalegold]

Lol it’s too British to buy ge

[@ogjk]

RR isn't doing well now either

[@hulklovesaviation7535]

Nah

[@alexandernorman5337]

Rolls Royce is in bad financial shape too.

[@jackcooke2044]

I am a commercial aircraft mechanic with several decades of experience on P/W, GE and Rolls engines and am currently working the 737 MAX return to service program. I don't care for the high By-Pass P/W engines because they are not very user friendly. All of the components on these engines are very hard to maintain due to limited accessibility. I have experience on the P/W 2000, 4000 and 4100 series engines. Rolls has been plagued with failures due to workmanship issues that caused inflight failures including the failure and uncontained failure of the #2 engine of a Quantas A380. Rolls did have a winner with the RB211-535-E4 power plants installed on the B-757. I personally prefer the GE power plants due to their reliability and access to components. The GE engines I have worked are the CFM-56-3B, 7B, Leap-1A, Leap-1B, CF-6-50 and CF-6 80C2. GE would be my choice of the 3. Hope this is helpful.

[@alexedelweiss3267]

Here in Brazil, GE Aviation is known for underpaying extremely high qualified workers, while the Executive body that has no clue what they are doing or what the company does have their wages on the sky. The company is unable to keep talented workers that always find something better.

[@mikestone9129]

Another good video Sheldon.

[@joshuahalla.k.a.controlla6333]

Great video. ☺

[@cobyexplanes]

Thanks! 😊

[@joshuahalla.k.a.controlla6333]

@@cobyexplanes ur welcome. ☺

[@muppetb.lansing8374]

In terms of company structure, if the aviation arm of GE went insolvent, it would only be that arm, which is bound to be structured as a separate company to the remainder of GE.

[@notbillnye8536]

Fascinating stuff

[@jfmezei]

GE suffered a financial indigestion in the 2008 financial crisis. Historically, was a "banker" to help its large customers finance large purchases (airplanes, nuclear plants etc). But it got drunk during 2000s and got into funky banking beyond its core business. I think most of that indigestion was sold in 2015. Also, GE's silicon plant near Albany had severely polluyted the Hudson river for decades.GE spun off that company, but Courts rules GE was still responsible for billions in cleanup costs. After the financial crisis, GE also eventually got rid of its shares in NBC/Uiversal. Sold off appliamces, lightbulbs and many other divisions. GE recently sold off its locomotive division. But also bought the power generation division of ALstom. But it still has many divisiions it can sell off to avoid chapter 11. Interestingly, despiote all those divestitures, it invested in oil/gas quite a bit and those are hurting real bad (and have no longer term fiuture with climate change). Those may be sold off over time, and even if at a loss, will still provide cash neede dto continue to make debt repayments. GE will shrink. But somehow, I think GE's jet engine division will be one of the last to be let go. A purchase by Boeing would be blocked by anti trust in USA and Europe. And airlines will not like a Boeing that has single engine choice for its airplanes. GE may have ditched its funking banking, but now, GECAS will be a big question over next few years. How many aircraft will be returned to the lessor by failing airlines? How many paymenst are being skipped by airlines?

[@AaronGillham]

Being from Cincinnati, OH (their HQ) I definitely root for GE 😅

[@jeremychoo934]

Any potential acquisition by Raytheon/PW of GE Aviation will almost certainly run into anti-trust/competition issues and whether the various regulators will give clearance for any such deal to go ahead at the moment seems uncertain. And not getting clearance would be a dealbreaker.

[@jgabb1967]

Hey Coby what are the small looking "fins" on an aircraft engine?

[@larrysmith1811]

Some of them are turbulators, to introduce turbulent flow in certain areas where flow wants to detach. Turbulent flow in those areas results in lower nacelle drag. Others are simply vanes to guide and distribute the airflow over the nacelle.

[@markgreene8186]

GE is the one that I would choose to remain

[@iwannacutube]

Perhaps the best approach for both the aircraft manufacturers and GE would be for each to create these new entities, as you state in the video, whereby both the aircraft manufacturer and GE benefit from this symbiosis by both assuming responsibility for the entity's P&L. It would diversify GE somewhat and would give each aircraft maker 'their own' engine building and design 'division'. I realize that this sounds simplistic but, at least conceptually, may be worth it to them.

[@l2etranger]

Great analysis of this potential purchase ramifications; however, Boeing’s argument may reference Apple Silicon for utmost optimizations, safer operations and maintenance, and longevity support for in-house engine in relation to the aircraft. That will definitely boost sales due to airlines confidence in a more harmonious product and shorter delivery schedules. Plus Boeing does have a dominating influence that ironically led to manufacturing the latest A220 in the USA, and that’s how it could maneuver its way in court.

[@alphabravo2671]

More likely float the GE aviation separately.

[@jcminvestments9078]

GEAE is a great company and their engines are highly recommend to any aircraft model, the only problem is the GEAE management system is really obsolete and not high end applicable for the employees, the only way to save GEAE is to change the management regimes that has been stable ever since the earliest 2003. Sincerely Global aerospace engineering in Seattle and Los Angeles…

[@upperlipproductions6326]

Pratt and Whitney

[@Nawabid]

**I just wish they would instead of making GIANT ENGINES, they would focus more on SPEED OF TRAVEL....**

[@ifpstopmotions9720]

That was a stupid comment. It is not always about speed... The aviation industry doesnt go around, "I want to do this". They developed these giant engines for the giant 777 that required big engines. They do what the aircraft manufacturers need.

[@MrMattumbo]

Speed is inherently inefficient, planes already fly at the edge of transonic flight so if they go faster they'll be transonic and kill their fuel efficiency, if they go supersonic they'll also kill fuel efficiency and capacity.

[@Ichijoe2112]

Not eveybody likes being cooped up in a tiny seat 12+ hours on end just to get somewhere. So Op gets my vote!

[@Nawabid]

@@ifpstopmotions9720 You moron, an engines physical size has NOTHING to do with the size of the plane... the engines are bigger to allow for higher "AIR BYPASS RATIO"...... lol

[@Nawabid]

@@ifpstopmotions9720 The bigger the diameter the more air is sucked in thus increasing the bypass ratio which then translates to more thrust. You do realize that not all of the thrust created comes from the air that is used to mix with fuel??? And they definitely go around saying "I want to do this", why do you think there is RESEARCH AND DEVELOPMENT ? AND YOU JUST SAID THE 777 REQUIRES the bigger size engines so that means they went to engine maker and said "I WANT TO DO THIS"... LOL You are such an idiot.

[@Hustlehology]

Ummm, if that purchase were to happen between PW and GE, there'd be anti trust issues as well

[@trainbusplanecarboatbike4032]

Channel Subscribed 👌👌

[@alph5230]

Glad you're back!!

[@ghostindamachine]

Lockheed Martin or Honeywell would be the most likely candidates

[@rogerfpv7408]

I'd have to say: Safran ;)

[@jarheadcharlie2315]

FTC would not allow Airbus or Boeing to purchase GE. Even if one of them did, the other company (or any other aircraft manufacture) wouldn't use them. They would go from being a profit center for GE to a money pit. GE may spin off most of its remaining holdings, but they will keep Aviation and Healthcare (hospitals are still buying equipment). They may need Healthcare to keep Aviation afloat for the next 3-5 years, but it would be worth it. Also; the PW 4000 failures were not uncontained failures. Contrary to most people's beliefs; the engine cowling is only there for aerodynamics and is not part of the engine. Just like the hood/bonnet on a car is not part of the engine. That is why you do not see a cowling on engines when they are on a test stand. That orange ring around the blades (8:48) is what keeps them from shooting straight out the sides and into the wing/fuselage. That ring is fully intact and did its job as designed. As bad as this may look, that was a Contained Failure. If you watch test stand footage of an engine test (blowing a blade off the engine at max rpm) that ring is going to move a lot... that is the force takes out the cowling.

[@kingcharles8031]

The United Aircraft and Transport Corporation was formed in 1929, when William Boeing of Boeing Airplane & Transport Corporation teamed up with Frederick Rentschler of Pratt & Whitney to form a large, vertically-integrated, amalgamated firm, uniting business interests in all aspects of aviation-a combination of aircraft engine and airframe manufacturing and airline business, to serve all aviation markets, both civil aviation (cargo, passenger, private, air mail) and military aviation. With headquarters at Hartford, Connecticut, the holding company controlled the stock of the Boeing Airplane Company of Seattle, the Chance Vought Corporation, the Hamilton Aero Manufacturing Company (a propeller manufacturer), and the Pratt & Whitney Aircraft Company, an aeroengine manufacturer. Sikorsky Aviation Corporation, the Stearman Aircraft Company of Wichita, Kansas, and the Standard Steel Propeller Company were added to United's portfolio shortly thereafter, followed by several more airlines brought into the fold. The airline interests were soon grouped under a new management company known as United Air Lines, Inc. However, the individual airlines (as well as the individual companies held by United) continued to operate under their own names. After the Air Mail scandal of 1934, the U.S. government concluded that such large holding companies as United Aircraft and Transport were anti-competitive, and new antitrust laws were passed forbidding airframe or engine manufacturers from having interests in airlines. This law forced United Aircraft and Transport to split into three separate companies. Its manufacturing interests east of the Mississippi River (Pratt & Whitney, Sikorsky, Vought, and Hamilton Standard Propeller Company) were merged as United Aircraft Corporation (later United Technologies Corporation), headquartered in Hartford with Rentschler as president. The western manufacturing interests (including Northrop Aviation Corporation, formerly Avion Corporation), became Boeing Airplane Company, headquartered in Seattle. The airline interests were merged into a single airline, United Air Lines.

[@Coreyphillip7478]

General Electric❗❗

[@ericchen6096]

Raytheon can't acquire GE since it owns P&W. If it does it would go against anti-trust regulation.

[@karlp8484]

I think the obvious buyer would be CFM, which is already a joint venture between GE and the French. That would also not be a monopoly and allows CFM (or whatever it would be called) to move into the larger engine size market which they don't currently occupy.

[@EmilienGosselin]

CFM is already 50% GE 50% Safran. So basically it would mean that Safran buys half of GE ?

[@karlp8484]

@@EmilienGosselin The GE engines division, yes

[@tondog9070]

Nice video but IMO both RTX & Boeing have more than their own share of headaches w/o attempting to merge GE aircraft engines (and figure out how to pay for it) even if regulatory hurdles could be overcome...then again Wall Street bankers never advise against making a deal!

[@deltaboy767]

Well for anyone who knows US Politics knows that GE aviation is a US Department of Defense contractor, they aren't going anywhere anytime soon.

[@brianregan1914]

I would have taken a second to mention the history of "United Aircraft and Transport Corporation". The one company built the planes, the engines and also flew them back in the 30's. But after some incidents, were broken up as a vertical monopoly and were the reason that we have many of the antitrust laws that we do now. The companies that came out of it were United Technologies (Pratt and Whitney) (now Raytheon Technologies), Boeing and United Airlines. In other words, Boeing did used to make its own engines and the government has already established that this is unacceptable. Precedents can be changed, but the likelihood is low. Maybe this is a whole video topic.

[@conbertbenneck49]

In the early 1960's, P&WA "owned" about 80% of the commercial aircraft engine market, with their R-2800 radial engines; the JT3, JT3D, JT4; JT8D; JT9D; etc. Management's problem? Where do we go from here? That's when Harry Gray became CEO and Chairman. He cut P&WAs research budget, and used the money to buy Carrier ; Otis Elevator, and a raft of other companies. Harry handed GE the commercial aircraft engine market on a silver platter. GE only made military engines, and their biggest was the CF6-50 for the Lockheed C-5 military transport. When Airbus got started, they asked P&WA for an engine, but P&WA told them JT-8D or JT9D was all they had. Airbus went to SNECMA and asked for an engine. SNECMA talked to GE. Together the created the CFM-56 and formed a 50% / 50% company owned by SNECMA and GE to build the engines. That line of engines has been very successful and profitable. Now with a new CEO at United Technology (Raytheon), P&WA has been getting research funds again. They have built the geared turbo-fan and it is in use on the A-320NEO. When P&WA got started in 1926, the first thing that they bought was Hamilton-Standard propellers. Next they needed an airframe, so they bought Boeing. Boeing at that time also owned United Airlines, so now United Aircraft owned the aircraft engine company, a propeller company an airframe company and a commercial airline. They also owned Vought-Sikorsky. In the early '30's, United Aircraft had to get rid of United Airlines; and Boeing - Anti-Trust Problems.

[@Blank00]

The PW1000 has existed years before PW got sold to Raytheon

[@thomdigiacomo5154]

Would choose GE. Rolls Royce has had many problems with their Trent 1000 from quality control issues to compressor fires. Rolls Royce had very reliable engines which included the only manufacturer offering a boost option when additional power was essential under emergency conditions. Once the very high thrust bypass were required they started having several reliability issues

[@edwardwilcox6606]

It`s true RR T-1000 has had problems & it did cause inconvenience for Boeing & the airlines that chose it on B787, but it has to be remembered that RR did address the issue very quickly to the point that it`s been over a year since it cleared completely their planes on the ground situation. RR have a large range of engines in their portfolio, with some very interesting new tech prospects & not just aero but electric, gas, nuclear & more. RR has a terrific future & resolved T-1000 issues shouldn`t put in doubt this engineering`s ability to deliver excellence.

[@747simmer4]

PW is lookin bad, first he PW1000, then the PW4000 on the 772 and 744 then days later a 757 from delta had engine problems with PW2000

[@shakesnbake]

I'm sure RR would have a word to say if Boeing wanted to take over GE haha

[@JRmarksmen]

I also was first thinking pratt and whitney, the thing is that would spell a expansion into the civilian market and raytheon just is too good at military. Boeing can get away with its dual arms of BCA and BDS because of the years it took to get those pains worked out, were one supports the other. The more interesting move would be Muilenburg, who has the experience of being a CEO (granted with a bad reputation now), but one who isn't afraid of new technology. He is seeking $200million for a new company to create, and while that isn't enough to make the move on GE aviation, if he could get some big backers (cough Boeing and Raytheon) that would be enough to make the move. This would make it easier for Boeing to separate themselves and make the lawsuits much easier. It would also give them a market advantage via a backdoor into one of their suppliers. Raytheon and similar defense focused companies would benefit by having Boeing in the game, because they are used to managing a combination of defense and commercial markets, which companies like Raytheon can now more easily study. This would also make Raytheon more competitive to, without stepping on each others game, but purely benefiting each other, all while side stepping many legal challenges that Airbus could try to file against them.

[@mrrolandlawrence]

RR have a great history but also the RB211 also destoryed them through miss management. even their current problems with the trent were forwarned by engineers who pleaded bosses not to cut corners... i dont know how the ultra fan is going to address these problems. i have no idea what they plan to do better this time. GE invested in materials sciences. It was the right thing to do. the mid market segment is where the money is though.

[@omolemophaoe]

Mm I thought GE stood for 'Goliath Engines'

[@brmolnar]

Boeing used to own an engine manufacturer, and an airline. They were forced to split the company by the US Gov't in the 1930's and the engine company became Pratt & Whitney. The airline that was split off from Boeing is United Airlines.

[@deel152]

Didn't the GP7200 power the A380?

[@Arkan_Fadhila]

a combo of PW design and GE capability at mastering a cutting edge material could be very interesting. However after reading some thought in the comment I think it's better for GE to survive without being sold to Raytheon. And if you ask me which one of three Jet engines makers to survive : I will choose GE all day. GE90 is a proof that they reserve to survive.

[@Blank00]

And the GENX. Though that engine is a little generic, it's proving to not causing a major headache for airlines, unlike the Trent 1000.

[@Arkan_Fadhila]

@@Blank00 yes, maybe GENx isn't the most advanced jet engine at that time but it prove to be reliable. GE9X is also the same thing as GENx and GE90, not using the most cutting edge design at that time but they had no big issue as long as I remembered

[@alexandernorman5337]

Not to mention the most widely used engines are from CFM (a GE-SAFRAN joint venture). The CFM-56 and now LEAP provide for good business.

[@jagmohanchadha1013]

This must be old video. GE stock has doubled.

[@skylineXpert]

I dont think Airbus & Boeing would let it happen and the closest competitor cannot quite absorb/pick up If It happens

[@Gremlack13]

Ge selling off their appliance sector several years back probably had a big part in declining revenue.

[@sigmahyperion955]

At GE's peak in 2008 when it was a $200B/yr company, its appliance division made up 2% of its revenues. It was nothing. Today it's an $80B/yr company. Getting rid of a teeny-tiny appliance arm only accounted for about 5% of its revenue reduction over 10 years. A drop in the bucket.

[@roberts9095]

I've thought about what would happen if PW and GE merged to compete with Rolls-Royce

[@bwithrow011]

RR has the Ultra Fan on the horizon. GE has the 9X which is a great engine, but it may not be as good as the Ultra Fan. I would go with RR

[@mikestone9129]

I think at the worse, GE will go through a restructuring deal. There's a lot to be lost to let GE fail.

[@freebee8274]

The hardships are behind them. They are totally transformed and new orders are coming in now in anticipation of sustainment money recovery.

[@sheldoninst]

Raytheon merging Pratt and GE would be a long term disaster... the same flowery projections were misguidingly applied to the Boeing-McDonnell Douglas merger.... now we know it was a bad deal and basically MCD disappeared....

[@rusty9129]

All of these mentioned companies have their issues. Through gross mismanagement, GE had a fire sale of their banking, appliance lightbulb, locomotive and other sectors in an effort to keep the last 3 afloat. The new CEO, Larry Culp, has been working to restructure internally in an effort to stop the bleeding. RR motors don't run without GE-built parts. PW's gear motors, after over 30 years of development by their head engineer, still don't work very well. It was an old idea from the 60's that has been dredged up and improved, but still not right. History: William Boeing helped start a bunch of small airlines on the west coast of America in an effort to sell his products. Later, these small airlines were joined into one large unit as Boeing was more profitable...that airline was named, United. Now with antitrust laws, large mergers and acquisitions are far more complex...should GE Aviation slip further into trouble, my money would be on COMAC writing a check. The Chinese need the technology desperately.

[@aviatoradam80]

Hello

[@simu31]

You think GE, the company that will make *all* of the engines for the 777X, plus the vast majority of the 777 fleet, plus multiple other aircraft types, is going to go out of business?? I definitely don't agree. Boeing won't buy them, they have enough financial problems without adding further debt to the mix. Airbus wouldn't want them. It would come down to P&W (Ratheon) or Rolls. Of those two, the US govenrment would probably have a problem with Rolls taking them over. Even Safran (despite being a partner) would draw too much scrutiny from the US government as a foreign company. The only option would be P&W, and that would mean the end of GE

[@Lync512]

With defense contractor consolidating (See Northrop Grumman takeover of Orbital ATK + Raytheon and all its acquisitions ) I think if GE Aviation were sold Raytheon would emerge as the prime buyer. As GE Aviation appears to be a better fit for them, over Boeing who currently does not work in engine design and manufacturing. Additionally GE Engines + Pratt and Whitney would be exciting to see what it could produce. Also it seems like a deal the Pentagon would like.

[@karlbark]

Also, I want to add a question of my own... This video...why did you make it ? Is GM aero in trouble ?

[@danmcbride6258]

I would chose GE to be the survivor over Rolls. GE is involved in Defence and the Company’s survival is very important.

[@aerohk]

GE Aviation is very profitable. It would sell GE Aviation to RR or Raytheon before it goes under

[@notyou6950]

GE is 4 separate divisions. It might break up at the worst case. Unless we stop flying and abandon gas turbine power generation then I'll start to worry.

[@fighter5583]

By the way, the gp7000 powered the A380, not the a350.

[@boatlover1875]

I think this is a nonstarter. Maybe PW should, or one of the other engine makers. Imagine the recent issue when the 787 had Trent issues but the engines were GE? BA got enough issues, get my drift? Heck they got blamed anyway.

[@aerohenri]

I think Pratt & Whitney should have a bigger market share!

[@Lee247Jamaica]

When he said that boeing can buy them thats exactly what came to my mind cuz airbus a320 and a320neo as well as a330 use the GE but they have over engine options

[@alexandernorman5337]

Boeing's not in good financial shape though. Most of the companies that could easily buy GE (think Google) wouldn't want to. It's their not business. And all the companies who are in the aviation business are stretched for finances because of 2020.

[@michaelshore2300]

No they don't they use CFM engines half French?

[@macbomb]

Geared Turbofans have been in commercial service the early 1970s, Garrett TFE731. If you think Boeing and GE would cause anti trust issues, was till Raytheon tried to Purchase GE.

[@nataliabugaj2739]

Very true about this Honeywell,s now TFE731.

[@Chiefsfansince-qb1kt]

Yes, I agree that Boeing should buy GE's engine manufacturing facility. Given a choice of the 3-main engine makers, GE would be my choice. In a random sampling of opinions of friends of mine who are airline pilots, ALL of them concurred that GE made the best engines. They were torn as to who was 2nd and 3rd (some felt Pratt & Whitney was 2nd, some felt Rolls Royce was 2nd and the other being 3rd. Additionally, several of the pilots stated that they felt that the Rolls Royce engines were "junk" compared to GE's. Opinions were mixed on Pratt and Whitney engines (some felt they were OK, others thought them to be inferior) but all seemed to agree that GE's engines were the best of the 3. Just my input.