General Electric remained bullish with Airbus revising its expectations for aircraft production over the next couple of years. This is particularly noteworthy since General Electric’s Aviation segment is the largest and most profitable.
Most aerospace analysts expect a much slower recovery in production rates and think global air travel demand won’t return to 2019 levels until 2023.
Timestamps:
- GE 02:35
- BA 03:35
- AIR0 4:25
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