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Earnings

Building Momentum: GE Delivers Improved Profitability and Cash Performance In Third Quarter

Reporting its third-quarter results today, GE Chairman and CEO Larry Culp told investors that despite the still-difficult environment, he was encouraged by the company’s progress. “I am proud of the…

Aerospace

Making The Switch: Russia’s S7 Airlines Gets Into The Cargo Game

For decades, airlines have had an additional revenue stream: belly cargo. That open space under passengers’ feet, which can account for 20-25% of a plane’s cubic footage, doesn’t just hold checked…

The GE Brief: September 17, 2020

ROOM TO GROW   The luggage that passengers check during an airplane trip goes into the plane’s belly — but it’s not all that’s kept down there. For decades, airlines have sold excess space in…

Q2 2020

A Challenging Second Quarter: GE CEO On Navigating The COVID-19 Economy

Recognizing a still-difficult COVID-19 environment, GE Chairman and CEO H. Lawrence Culp Jr. told analysts and investors during GE’s second-quarter earnings presentation on Wednesday, the company has…

Aerospace

Game Changer: This Huge Passenger Jet Is Going Cargo

The Boeing 777-300ER widebody passenger jet is the workhorse of long-haul aviation. Powered by a pair of giant GE90 engines — for a long time the world’s most powerful jet engine — the planes have…

The GE Brief: JULY 21, 2020

NEVER WALK ALONE   Like many kids, Tony Mathis spent a lot of time with his head in the clouds. Fascinated with aviation and engineering, Mathis participated in a high school summer program for…

performance

Steve Winoker: GE Releases Its 2019 Annual Report

For important information about our forward-looking statements, please see here. Today GE released its 2019 Annual Report, which includes our Chairman and CEO Larry Culp’s second Annual Letter…

performance

Investor Update: Recent Milestones And Post-Earnings Q&A

For important information about our forward-looking statements, please see here.  We are off and running halfway into the fourth quarter and our 2020 budget planning, but I wanted to take a…

The GE Brief — November 7, 2019

November 7, 2019 SOUPED-UP REPAIR SHOP Over the next decade, Asian nations are projected to add more than 400 gigawatts of electrical capacity; that’s like adding a Germany to the power grid, then…

Aerospace

Service Economy: New $1 Billion Deal Highlights Commercial Aviation’s Asia Growth

Mamas and papas, it might be high time to let your babies grow up to be pilots, or at least aircraft mechanics. The aviation industry has been in a steep climb since the early 1970s, and aircraft…