GE Sales Rise on Demand for Jet Engines

Manufacturer reports first positive free cash flow for first quarter in nearly a decade, CEO says

General Electric’s aero-engine models on display at an exhibit in Shanghai late last year. Photo: Cfoto/Zuma Press

General Electric Co. posted higher sales for the first quarter, lifted by strong demand for the manufacturer’s jet engines amid the continued recovery of air travel. 

During the first three months of the year, GE generated cash flow of $102 million, the first time the company has generated positive free cash flow in the first quarter in almost a decade, Chief Executive Larry Culp said. 

What's News

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue reading your article with
a WSJ subscription

Subscribe Now

Already a subscriber? Sign In

Sponsored Offers
  • adidas:
    adidas Promo Code - Up to 50% Off 3-Stripe Favorites
  • Nike:
    60% off running shoes and apparel at Nike without a promo code
  • ASOS:
    Take 20% Off w/ ASOS Promo Code
  • SHEIN:
    30% off using this SHEIN coupon code
  • Foot Locker:
    Save Up to $100 off military discount - Foot Locker coupon code
  • Finish Line:
    $10 Finish Line Coupon with text signup