GE Aerospace Potential Growth and Profit Analysis by Wall Street Analyst
Thursday, 11 April 2024, 10:10
How GE Aerospace will grow profits
Commercial airplane engines are sold at a loss initially for long-term aftermarket earnings. GE Aerospace’s strategy includes aggressive engine sales to drive future profits and revenue from servicing older engines.
What it means to GE Aerospace investors
The company expects substantial profit from the CFM56 engine while transitioning to LEAP engine services revenue, targeting a $10 billion operating profit by 2028.
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