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Press Release

GE Aerospace Launches as Independent, Investment-Grade Public Company Following Completion of GE Vernova Spin-Off

April 02, 2024
  • GE Aerospace launches as an independent public company defining the future of flight
  • Positioned to deliver long-term growth as a global leader in propulsion, services and systems
  • Launch of GE Aerospace marks successful completion of GE’s multi-year transformation
  • GE Aerospace to trade on the New York Stock Exchange (NYSE) under the ticker “GE”

NEW YORK – April 2, 2024 – GE Aerospace (NYSE: GE) today announced its official launch as an independent public company defining the future of flight, following the completion of the GE Ve

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Press Release

GE Aerospace Hosts 2024 Investor Day

March 07, 2024
  • GE Aerospace reaffirms guidance and presents longer-term financial outlook, including achieving ~$10B of operating profit* in 2028
  • Consistent profit and free cash flow* growth enabling continued business investment and shareholder returns of ~70-75% of available funds through dividends and share buy-backs
  • GE Aerospace is ready to trade publicly as an independent company on April 2, 2024 on the NYSE under the ticker “GE”

NEW YORK — March 7, 2024 — Today, GE Aerospace will host its 2024 Investor Day in New York, New York.

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Press Release

GE Board of Directors Approves Spin-Off of GE Vernova; GE Vernova and GE Aerospace to Launch April 2, 2024

February 29, 2024
  • Board sets spin-off date for GE Vernova (NYSE: GEV) of April 2, 2024, pre-market
  • Shareholders of record on March 19, 2024, will receive one share of GE Vernova for every four shares of GE owned
  • Following the planned spin-off of GE Vernova, GE shareholders will continue to hold their GE shares as GE Aerospace shares

BOSTON – February 29, 2024 – General Electric Company (“GE”) (NYSE: GE) today announced that its Board of Directors has approved the previously announced spin-off of GE Vernova.[1] The

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GEnx engine

Flip the Script: GEnx Program Caps Off Big Year With LATAM Airlines Deal

Jay Stowe
December 19, 2023

Nearly 20 years ago, GE Aerospace lost out in a competition to power part of LATAM Airlines’ passenger air fleet. But what goes around sometimes eventually does come around. Case in point: This month, LATAM announced it is ordering five additional Boeing 787-9 Dreamliner aircraft, all of which it plans to switch from competitor engines to GEnx-1B engines, making Chile-based LATAM the first airline in Latin America to utilize the GEnx.

It’s the kind of news you like to hear anytime, but for GEnx it amounts to icing on the cake.

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Future of Flight

Flight Path: A Look Back at GE Aerospace’s Progress to Reduce Emissions in 2023

GE Reports Staff
December 08, 2023

Two years ago, the Air Transport Action Group (ATAG), of which GE Aerospace is a member, set an ambitious goal of achieving net zero carbon emissions by 2050. To gauge the progress the industry has made toward that target, GE Aerospace this summer commissioned a survey of 325 aviation decision makers in the U.S., the U.K., China, India, the UAE, and France.

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Military

At Reagan National Defense Forum, CEO Culp Says GE Aerospace Innovating for the Future of Military Aviation

Dianna Delling
December 06, 2023

Hundreds of leaders across the military, government, defense industry, and media gathered in Simi Valley, California, last weekend at the 10th annual Reagan National Defense Forum to discuss the current and future state of the U.S. military.

“Day to day, we’re right there with all of our military customers assuring readiness while we invest in next-generation platforms,” said GE chairman and CEO and GE Aerospace CEO Larry Culp.

Press Release

SunExpress, genişlettiği 737 MAX filosuna güç sağlamak için 180 adete kadar CFM LEAP-1B motoru satın alacak

November 30, 2023
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sustainable aviation fuel

A Jumbo Moment for SAF: Emirates Operates First A380 Using 100% Sustainable Aviation Fuel in One Engine

Will Palmer
November 22, 2023

Today, Dubai-based Emirates became the first airline to operate an Airbus A380, the world’s largest passenger airliner, using 100% sustainable aviation fuel (SAF) in one of its engines.

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Leadership

New Boards Announced for GE Vernova and GE Aerospace, Including Leaders in Energy, Aerospace, and Defense

Dianna Delling
November 14, 2023

Deep expertise. Diversity of perspective. Experience guiding people and organizations to success. These qualities are in abundance among the leaders who will come to the table — two tables, more precisely — in 2024 as members of the boards of directors for GE Vernova and GE Aerospace.

Press Release

GE Announces Boards of Directors for Future Independent GE Vernova and GE Aerospace 

November 14, 2023
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Directors bring strong mix of domain expertise, diverse perspectives, and leadership experience to help GE Vernova lead the energy transition and GE Aerospace shape the future of flight

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