GE Aerospace has emerged as a formidable and focused turbine engine producer, powering about three of every four commercial airline flights. The jet engine business is split between designing and ...
GE Aerospace (GE) fell 7% Tuesday morning as revenue in its commercial engines and services division fell short of analysts' expectations, even though its overall revenue and profit beat estimates.
GE Aerospace now expects deliveries of LEAP engines, which power Airbus and Boeing narrowbody aircraft, to decline 10% this year from a year ago. In July, the company anticipated the deliveries to ...