GE Aviation and Safran launch Advanced Technology Demonstration Program for sustainable engines; Extend CFM Partnership to 2050.

HIGHLIGHTS:

• CFM RISE* program targets more than 20% lower emissions.
• Program will include open fan architecture, hybrid electric capability, demonstrator ground and flight tests around middle of decade.
• 100% Sustainable Aviation Fuel, Hydrogen Capability in scope.

PARIS, France- June 14, 2021- GE Aviation and Safran today launched a bold technology development program targeting more than 20% lower fuel consumption and CO2 emissions compared to today's engines. The CFM RISE program will be demonstrate and mature a range of new, disruptive technologies for future engines that could enter service by the mid- 2030's.

The companies today also signed an agreement extending the CFM International 50/50 partnership to the year 2050, declaring their intent to lead the way for more sustainable aviation in line with the industry's commitment to halve CO2 emissions by 2050.

"The relation between the GE and Safran today is the strongest it has ever been, " said John Slattery, President and CEO of GE Aviation. "Our Industry is in the midst of the most challenging times we have ever faced," said Olivier Andries, CEO of Safran. Technology matured as a part of the RISE Program will serve as the foundation for next generation CFM engines that could be available by the mid-2030's.

Central to program is state-of-the-art propulsive efficiency for the engine including developing an open fan architecture. The program is being led by a joint GE/Safran engineering team that has laid out a comprehensive technology roadmap including composite fan blades, heat resistant metal alloys etc. The original 1974 framework agreement creating CFM International as a 50/50 joint venture between the two aircrafts engine manufacturers redefined international corporation and helped change the course of commercial aviation.

More than 35,000 CFM engines have been delivered to more than 600 operators around the globe, accumulating more than 1 billion flight hours.