GE: An Update on the Challenge of COVID-19
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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US:NYSE Investor Relations:
ge.com/investor-relations/overview
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Source: Business Wire
BOSTON--(BUSINESS WIRE)--GE (NYSE:GE) Chairman and CEO H. Lawrence Culp, Jr., today issued the following message to GE employees:Team,As COVID-19 continues to spread, the leadership team and I remain focused on three areas during these unprecedented times: protecting the safety of our employees, continuing to serve our customers in their critical time of need and preserving the strength of our businesses. Today, I am writing to you to give you an update on the latest steps we are taking to aggressively mitigate the impact of the pandemic, starting with GE Aviation.The aviation industry is feeling the impact of this global pandemic most acutely. The rapid contraction of air travel has resulted in a significant reduction in demand as commercial airlines suspend routes and ground large percentages of their fleets. As a result, GE Aviation is announcing several steps that, while painful, preserve our ability to adapt as the environment continues to evolve.GE Aviation is announcing pla
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