GE CEO Says We're Navigating A Still Challenging Supply Chain Environment: Says YTD, Commercial Engine Deliveries Are Up 30%
Portfolio Pulse from Benzinga Newsdesk
GE's CEO has stated that the company is still navigating a challenging supply chain environment. Despite this, year-to-date commercial engine deliveries have increased by 30%.
October 24, 2023 | 11:44 am
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GE is facing supply chain challenges, but has managed to increase commercial engine deliveries by 30% year-to-date.
The news indicates that despite the challenging supply chain environment, GE has managed to increase its commercial engine deliveries by 30% year-to-date. This shows resilience and adaptability, which could positively impact investor sentiment and the stock price in the short term.
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