Strong momentum continued for GE Aerospace in its third-quarter earnings report. The stock rose after the company reported better-than-expected numbers and raised guidance.
Strong momentum continued for GE Aerospace in its third-quarter earnings report. The stock rose after the company reported better-than-expected numbers and raised guidance.
The number of commercial pilots using GE Aerospace’s (GE.N), flight data monitoring app, FlightPulse, has expanded rapidly from 40,000 a year ago to more than 60,000, and the company expects to exceed 70,000 by year-end.
GE Aerospace (GE.N), raised its 2025 profit forecast on Thursday, buoyed by strong demand for aftermarket maintenance services as airlines hold on to older jets longer due to persistent aircraft delivery delays.
U.S. President Donald Trump on Thursday announced deals totaling more than $200 billion between the United States and the United Arab Emirates, including a $14.5 billion commitment between Boeing (BA.N), opens new tab, GE Aerospace (GE.N), opens new tab and Etihad Airways, the White House said.
Boeing landed its biggest deal for widebody airplanes on Wednesday when state carrier Qatar Airways placed firm orders for 160 jetliners plus options to buy 50 more during President Donald Trump’s visit to the Gulf Arab country.
GE Aerospace said on Tuesday it was relying on price increases and cost control to mitigate the impact of tariffs on its business as the aircraft engine maker reaffirmed its full-year earnings forecast.
GE Aerospace said on Wednesday it would invest nearly $1 billion in its U.S. factories and supply chain in 2025, as it looks to increase the use of new parts and materials in its operations.
GE Aerospace on Thursday forecast a stronger profit this year after its fourth-quarter earnings topped Wall Street estimates as persistent shortages of new aircraft drove up demand for its high-margin parts and services.
GE Aerospace reported better-than-expected quarterly earnings, and raised full-year financial guidance.
Full-year outlooks for revenue growth, profit and free cash flow were raised
GE Aerospace is developing a hybrid electric engine with the hopes it will power next-generation narrow-body jets by the middle of the next decade.
GE Aerospace reported a confusing quarter Tuesday morning that still included results from GE Vernova.
General Electric on Tuesday completed its breakup into three companies, marking the end of an era for the industrial conglomerate pioneer that was once a symbol of American business power.