Those tailwinds, in addition to rising sales at GE’s military aviation business, put the company on track for mid to high single-digit percentage rates of growth “for some time,” Chief Executive Officer Larry Culp said Tuesday in an interview with David Westin on Bloomberg Television’s Wall Street Week.
The view underscores air travel’s post-pandemic resurgence and how airlines are logging huge new-aircraft orders to freshen their fleets. It also highlights Culp’s expectations for continued momentum at GE Aerospace after it becomes a standalone company early next year following the planned spinoff of GE’s energy related businesses.
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