Material shortages and other supply chain problems held back GE Aerospace's engine production last year, with the company delivering 10% fewer CFM International Leap turbofans than it did in 2023.
GE Aerospace has emerged from the former GE conglomerate as a formidable and focused turbine engine producer, powering about three of every four commercial airline flights.
GE Aerospace on Thursday forecast a stronger profit for the year after its fourth-quarter earnings exceeded Wall Street ...
GE Aerospace (NYSE:GE) shares are trading higher premarket on Thursday after it reported fourth-quarter adjusted revenue ...
Shares of industrial conglomerate GE Aerospace (NYSE:GE) jumped 9.4% in the pre-market session after the company reported ...
Shares of industrial and transportation companies rose after strong earnings. GE Aerospace soared after the maker of plane engines, formerly known as General Electric, posted fourth-quarter earnings ...
GE Aerospace on Thursday forecast stronger profit in 2025, saying it is better prepared to meet jet engine demand with ...
CEO Larry Culp is intent on returning cash to stockholders, but he prefers more share repurchases at the expense of direct ...
GE Aerospace operates in a highly competitive but lucrative sector, providing commercial engines and aviation services that are essential for airlines worldwide. Its primary revenue comes from the ...
GE Aerospace exceeded expectations in Q4 2024, showcasing strong financial performance and strategic growth initiatives.
One analyst says General Electric Co. continues to benefit from demand for travel, as shares rallied Thursday after it reported its latest earnings.
GE's fourth-quarter 2024 results reflect a 14% y/y increase in revenues, driven by the solid performances of its segments.