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United Kingdom

Alwyn Scott

GE says it needs time for power-plant unit to recover

15 May 2019

NEW YORK General Electric Co tamped down enthusiasm about a quick recovery in its power-plant unit on Wednesday, and an analyst said the company was not "telling the whole story" about purported market-share gains at its ailing power unit.

GE books more power plant orders, beats Mitsubishi, Siemens - sources

14 May 2019

NEW YORK General Electric Co won the most orders in the sharply contracting market for new gas-fired power plants in the first quarter, according to people familiar with the matter.

GE CEO expects weaker quarters for rest of 2019, higher China tariff costs

08 May 2019

TARRYTOWN, N.Y. General Electric Co Chief Executive Larry Culp said on Wednesday that the company will likely have weaker quarters for the rest of the year after a surprisingly good start in the first quarter.

GE cautious as profit rises, cash burn slows; shares, bonds rise

30 Apr 2019

General Electric Co said on Tuesday it generated more profit and lost less cash than expected in the first quarter, suggesting an improving outlook under its new leader that sent its shares and bonds higher. | Video

RPT-ANALYSIS-No call for simulators in new Boeing 737 MAX training proposals

29 Mar 2019

SEATTLE/NEW YORK, March 28 Boeing Co said it will submit by the end of this week a training package that 737 MAX pilots are required to take before a worldwide ban can be lifted, proposing as it did before two deadly crashes that those pilots do not need time on flight simulators to safely operate the aircraft.

No call for simulators in new Boeing 737 MAX training proposals

29 Mar 2019

SEATTLE/NEW YORK Boeing Co said it will submit by the end of this week a training package that 737 MAX pilots are required to take before a worldwide ban can be lifted, proposing as it did before two deadly crashes that those pilots do not need time on flight simulators to safely operate the aircraft.

Lufthansa plans to buy either Boeing 737 MAX or Airbus A320neo

26 Mar 2019

NEW YORK Deutsche Lufthansa AG plans to buy a triple-digit number of either Boeing 737 MAX or Airbus A320neo jetliners to replace jets in its fleet, Chief Executive Carsten Spohr said on Tuesday.

Explainer: Change to 737 MAX controls may have imperiled planes, experts say

22 Mar 2019

NEW YORK/SEATTLE Much like tapping the brake pedal in a car to disengage cruise control, a sharp tug on the controls of older models of Boeing Co's 737 used to shut off an automatic trim system that keeps the plane flying level, giving the pilot control.

Change to 737 MAX controls may have imperiled planes, experts say

22 Mar 2019

NEW YORK/SEATTLE Much like tapping the brake pedal in a car to disengage cruise control, a sharp tug on the controls of older models of Boeing Co's 737 used to shut off an automatic trim system that keeps the plane flying level, giving the pilot control.

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