Abstract
This article provides the latest trends in the gas turbines market and their future outlook. The last three years of operation have generated more profit for the commercial airline industry than the previous 30 years combined. That money has led to new orders for commercial aircraft and as a result, production of commercial aviation gas turbines is in full swing. Engine manufacturers such as Pratt&Whitney, Rolls-Royce, General Electric, Safran, and others have taken this surge in orders as an incentive to develop new technology. The launch of a new jet engine by a manufacturer can be a multi-billion dollar effort. Financial projections and executive careers hang on a smooth roll-out of the new technology.
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