GE 2015 Annual Report Download - page 78

MD&A SEGMENT OPERATIONS | AVIATION
50 GE 2015 FORM 10-K
OPERATIONAL OVERVIEW
(Dollars in billions)
2015 GEOGRAPHIC REVENUES: $ 24.7 BILLION ORDERS
2015 SUB-SEGMENT REVENUES BACKLOG
EQUIPMENT/SERVICES REVENUES UNIT SALES

;ĂͿ GEnx engines are a subset of commercial engines
;ďͿ Commercial spares shipment rate in millions of dollars per day
SIGNIFICANT TRENDS & DEVELOPMENTS
x Our digital industrial business is providing insights and operational value for our customers, unlocking opportunities to deliver more
productivity beyond our traditional services and EHFRPLQJDEHWWHUSDUWQHUDVZHZRUNRQVROYLQJRXUFXVWRPHUV¶WRXJKHVW
operational problems. Digital design tools, additive manufacturing, advanced automated machining, and advanced inspection, are
all enabling our operations, partners and suppliers to dramatically reduce cycle time while improving quality.
x The installed base continues to grow with new product launches. In 2016, through our CFM joint venture, we expect to launch the
LEAP engine for application on the Airbus A320 NEO and the Boeing 737 MAX aircraft. In addition, we are continuing development
of the GE9X engine incorporating the latest technologies for application in the widebody aircraft space.
x We expect military shipments to be lower due to continued pressure on the U.S. military budget but continue to work on next
generation science and technology programs related to engine propulsion.
x The reduction in fuel costs is expected to result in increased airline profitability and continued growth in passenger traffic and
freight.
Equipment
Services
Equipment
Services
Services Equipment
50 GE 2015 FORM 10-K