General Electric earnings set to take off with return of Boeing 737 MAX
GE's aviation expected to be important driver of cash recovery
25 January 2021 - 16:44
Bengaluru — The return of Boeing’s 737 MAX jets is likely to boost General Electric’s cash position this year and investors are expecting to see signs of improvement on Tuesday when GE reports its fourth-quarter results.
A recovery in the aviation business, GE’s most profitable until the coronavirus pandemic, is critical for CEO Larry Culp, who is trying to turn around the industrial conglomerate by improving free cash flow and trimming its colossal debt...
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