GE Aerospace had a 26% increase in orders to US$6.9 billion in both commercial engines and commercial services. Revenues were US$6.1 billion, an increase of 27%.
"Aerospace was a key driver of our performance this quarter as the industry recovery builds momentum," said GE chairman and CEO H Lawrence Culp. Culp added, "Notwithstanding this progress, much is still uncertain about the external pressures companies are facing at this moment."