Chuck NugentGeneral ManagerRegional and Large Business Aviation

European Regional Airline AssociationRome, Italy

September 29, 2011

GE AviationInvesting in technology …Delivering world class performance

2GE Aviation

September 29, 2011

$2B+ CF34 investment to power the world’s modern regional aircraft

ARJ21-700 (EIS 2011)

CF34-3

CF34-8

CF34-10 EMBRAER 190/195

EMBRAER 170/175CRJ700/900

CRJ1000

CRJ100/200

3GE Aviation

September 29, 2011

Deliveries … new milestonesPowering commercial aircraft around the world

CF34-10

CF34-8

4GE Aviation

September 29, 2011

2,600

4,700

4,000

6,100400

300

350 340

Avg '03-'09 '10 '11 '12

CF34 engine deliveries per year … strong long term outlook

CF34 regional jet engine deliveries GE long range regional jet forecast

2011Jet fleet

31-120 pax

Retirements Deliveries 2030Jet fleet

31-120 pax

∼

∼

5GE Aviation

September 29, 2011

Growing the installed base

CF34 engines in service

5,6007,100 8,200

10,300

2008 2011 2014 2021

Actual Projected

As of Jul each period

6GE Aviation

September 29, 2011

CRJ100 CRJ200Entry in service 1992 1996

Engines delivered 2,350

Hours 47.4M

Cycles 41.5M

CF34-3 operational highlights

Excess CRJ100/200 being successfully placed

7GE Aviation

September 29, 2011

CF34-3 cost of ownershipOptimizing time-on-wing and LLP lives

2 shop visits in 20 yrs 400 engines under contract

300 engines completed

Fewer shop visits

Lower cost of ownership

LLP

18K, 30K HPT

22K HPC

25K LPT

LLP

18K HPT

EIS 18K 36K

Cycles since new

8GE Aviation

September 29, 2011

CRJ700 CRJ900 E170 E175

2001 2003 Entry in service 2004 2005

1,313 Engines delivered 712

15.5M Hours 6.9M

11.4M Cycles 5.2M

CF34-8 operational highlights

Over 2,000 engine deliveries

CF34-8 … the new regional aviation workhorse

Cumulative Aircraft Deliveries Since Entry in Service

Shop Visits

(1020 CRJ100/200s delivered)

0

50

100

150

200

250

300

2006 2007 2008 2009 2010 2011 2012 2013

SV's Upgrade kits

585

921

0

200

400

600

800

1000

1 2 3 4 5 6 7 8 9 10

Year Since EIS

CF34-3 CF34-8

9GE Aviation

September 29, 2011

10GE Aviation

September 29, 2011

E190 E195Entry in service 2005 2006

Engines delivered 1,012

Hours 5.9M

Cycles 4.1M

CF34-10E operational highlights

Powering the 100-120 seat segment … globally

11GE Aviation

September 29, 2011Source: Ascend

187

141

152

19

33 111

Fleet in service + backlog

CF34-10E versatilityNetwork, regional, point to point, new routes, growth

12GE Aviation

September 29, 2011

CF34-10 improvements … infusingtechnology for lower SFC

-2.2%

-3.0%

-2.0%

-1.0%

0.0%

% Specific Fuel Consumption

-0.3%

PlannedEnhancements

IncorporatedEnhancements

12GE Aviation

September 29, 2011

13GE Aviation

September 29, 2011

CF34-10A powering the ARJ21

� FAR 33 certified July, 2010

� Powering 4 flight test aircraft

� Propulsion system is performing well … meeting or exceeding performance expectations

� Supporting COMAC’s aircraft certification

� 240 announced orders

� Chengdu airlines launch customer

14GE Aviation

September 29, 2011

GE Aviation R&D investment

Commitment to technology8-10% of revenue

$1.1B

$1.2B

$1.3B'07

'06

'05

$1.5B'08

'09 $1.7B

$1.9B‘10

15GE Aviation

September 29, 2011

Program goals

15k-20k lbf thrust class

10-15% lower op cost1

Reliability Fuel Burn Emissions (NOx)

Noise (cum)

15 to 20% lowerSFC2

50 to 60%

margin to CAEP/6

~15 EPNdBmargin to Stg 4

99.95+%DispatchReliability

NG34 technology programInvesting for next gen engine

1. Relative to CF34-10E5 and

CF34-8C5 respectively.

2. Relative to CF34-10E5 and

CF34-8C5 respectively (cruise

condition).

16GE Aviation

September 29, 2011

NG34

“Regional”

NG34 … next generation turbofan

eCore Technology

�

ScaledCore

SameCore

Passport

“Business”

LEAP-X

“Narrow-body”

LEAP-X is a trademarks of CFM international, a 50/50 joint venture between Snecma and GE

17GE Aviation

September 29, 2011

The path to 15%+ SFC improvement

Compared to current CF34 engines

Higher propulsive efficiency

• Increased fan bypass ratio

Higher thermal efficiency

• Higher pressure ratio core

• Advanced 3D aerodynamics

• Advanced cooling technologies

Integrated engine systems

45%

10%

45%

15%-S F C

eCore

18GE Aviation

September 29, 2011

eCore2 testing May 20111 month ahead of schedule … results on target

19GE Aviation

September 29, 2011

Turboprop aircraft deliveries

0

100

200

300

400

500

1978 1982 1986 1990 1994 1998 2002 2006 2010

TP 19-30 TP 31-60 TP 61+

1,400 1,800

2,4002,800

Aircraft deliveries ’78-’10 GE long range regional jet forecast

2011TP fleet31+ pax

Retirements Deliveries 2030TP fleet31+ pax

5,900 deliveries since 1978

Future demand driven by higher fuel prices, replacements and

emerging economies

20GE Aviation

September 29, 2011

50+ yrs of turboshaft experience

• U.S. & international military

• Commercial / civil

Building on a strong foundation15,000 turboprop / turboshaft engines delivered

CH-53K

S-92

T64

GE38

CT58/T58

CT7/T700 NAMC YS-11E G222/C-27A DHC-5A/-5D

CT64

CT7

LET L610GSaab 340 CN235

Over 40 yrs of turboprop experience

• International military

• Commercial/civil

21GE Aviation

September 29, 2011

CPX38 … next generation turbopropAdvanced technology for 70-100 seat platforms

CommonCore

CH-53K�

CPX38 turbopropGE38 turboshaft

22GE Aviation

September 29, 2011

5000+ CF34 deliveries … amazing decade … investing for the future

CF34 technology sets the standard … reliability, durability, operating cost

Technology development for the next generation of products … NG34 … CPX38

23GE Aviation

September 29, 2011