|Bid||75.20 x 1100|
|Ask||75.25 x 900|
|Day's Range||73.27 - 76.44|
|52 Week Range||71.14 - 116.17|
|Beta (5Y Monthly)||0.96|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 25, 2022 - Apr 29, 2022|
|Forward Dividend & Yield||0.32 (0.43%)|
|Ex-Dividend Date||Mar 07, 2022|
|1y Target Est||103.11|
Jet engine maker CFM International is facing industrial delays of six to eight weeks in the wake of supply-chain problems and some French labour unrest, but expects to claw most of this back by early in the fourth quarter, three people familiar with the matter said. Co-owned by General Electric Co and France's Safran , CFM is the largest jet engine maker by units sold, and powers three out of four recently developed narrowbody jetliners including all Boeing 737 MAX and about half of Airbus' A320neo family. Some Airbus customers have been warned deliveries of aircraft, already partially delayed by European factory congestion, could be pushed back further as a result of the CFM engine delays, said the people, who asked not to be named.
Evendale-based GE Aviation just announced it has completed a key engine test, furthering its next-generation technology goals. GE Aviation, the aircraft engine-making subsidiary of General Electric (NYSE: GE), announced Monday it has successfully completed testing of its Passport long-range business aviation engine using 100% sustainable aviation fuel (SAF) a lower carbon alternative to jet fuel. The test marks the first time the Passport has been used with 100% SAF.
The Boeing Co., which carries an economic heft in Ohio and the Dayton region, has secured a large order. The Chicago-based aerospace giant, which may be relocating elsewhere, inked a deal with UK-based International Airlines Group for a combined total of 50 737 planes, plus 100 options.