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GE Aerospace Reports Strong Sales as It Returns to Manufacturing Roots

The company’s stock rose more than 6 percent on April 22.
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GE Aerospace Reports Strong Sales as It Returns to Manufacturing Roots
Men work with a jet engine at General Electric Celma, GE's aviation engine overhaul facility in Petropolis, Rio de Janeiro, Brazil, on June 8, 2016. Yasuyoshi Chiba/AFP via Getty Images
Panos Mourdoukoutas
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News Analysis

As GE Aerospace signals a return to its roots in manufacturing, company revenues rose across all business segments. The company’s stock rose more than 6 percent on April 22 on better-than-expected first-quarter results.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”