SAFRY - GE Aviation Safran to develop new lower-carbon jet engine

Jetlinerimages/iStock Unreleased via Getty Images General Electric ([[GE]] -0.7%) and Safran (SAFRY) say they are teaming up to develop technologies for a new generation of jet engines that would seek to cut fuel consumption and carbon emissions by more than 20% compared to today's engines. The companies say the CFM RISE engine, a future successor to the LEAP model used on the Boeing 737 MAX and Airbus A320neo, will feature open fan architecture, in which the engine's blades operate without a traditional casing. The project also will pursue hybrid-electric technology and be fully compatible with alternative energy sources such as sustainable aviation fuels and hydrogen. The program will "demonstrate and mature a range of new, disruptive technologies for future engines that could enter service by the mid-2030s," the companies say as they also sign an agreement to extend their CFM International 50-50 joint venture until 2050. GE's recent move to

For further details see:

GE Aviation, Safran to develop new lower-carbon jet engine