The aviation segment of General Electric (GE) recorded a $3.75 billion profit for full-year 2012, up 7% year-over-year on a 6% increase in revenues to $19.99 billion. For the fourth quarter, the business segment’s profits grew 22% from the prior year’s quarter to $1.04 billion on an 11% jump in revenues to $5.47 billion. “We ended the year with a strong quarter despite the mixed global economic environment,” GE chairman and CEO Jeff Immelt said. “The ...

Subscribe to Access this Entire Article

"GE Aviation posts double-digit revenue growth in 2012" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.