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 ...
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