Aircelle and Middle River Join Forces

 - July 16, 2008, 4:38 AM

GE Aviation and Safran signed a memorandum of agreement here yesterday to create a new 50-50 joint venture to develop, produce and support engine nacelles for future single-aisle commercial airliners. The as-yet unnamed joint-venture company will operate under the auspices of GE’s Middle River Aircraft Systems (MRAS) and Safran’s Aircelle subsidiary.