Aviation segment drags on GE, but GECAS continues to perform – Suppliers Share Wrap
Aviation continues to underperform in GE’s portfolio in 2010. While all other manufacturing segments at the conglomerate have reported either flat or improving revenue, aviation equipment revenue at GE dropped 8% in 2Q2010. Aviation services revenues were also down in the quarter, falling 5% to USD2.3 billion, again the worst performing segment in the company’s protfolio.
