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Maybe not.

In The narrow-body market (737, A320) GE competes with P&W thought CFM, its 50-50 joint venture with Snecma of France CFM (by far the dominate player) in narrow bodies with 62% of all engines in the active fleet,

In 2017 CFM produced 68% of the global commercial turbofan engine market, P&W 15%, GE 9%, (wide-bodies) and Rolls Royce 5%.

GE and CFM combined had 77% of the market.

In 2011 the figures were 62% CFM, 15% P&W, and 5 Rolls.

CFM’s new “Leap” engine is competitive with P&W geared turbo-fan in fuel efficacy and has not experienced the mechanical problems experienced by P &W’s geared turbo-fan.

GE on its own, primarily makes engines for wide-bodies where it has a 47.9% market share compared to 26.6% for P&W, and 20.1% for Rolls Royce. CFM has 5.2% share of the wide-Body.

It is fair to say that GE is the dominate player in Jet engines with P&W surviving and Rolls Royce struggling.
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