GE Aerospace announced its official launch as an independent public company defining the future of flight, following the completion of the GE Vernova spin-off. GE Aerospace will trade on the New York Stock Exchange (NYSE) under the ticker “GE”. On April 2, 2024, at 9:30 a.m. ET, GE Aerospace and GE Vernova will ring the opening bell together at the NYSE.
GE Aerospace’s launch marks the conclusion of a multi-year financial and operational transformation by the company. GE has significantly strengthened its business, reducing over $100 billion in debt since 2018, while implementing lean practices and continuously improving customer service, leading to a deep and sustainable culture shift. GE Aerospace Chairman and CEO H. Lawrence Culp Jr., said, “I am tremendously proud of our team, their resilience, and their dedication to achieving this defining moment.”
GE Aerospace, built on a century of learning and innovation, is focusing on inventing the future of flight, lifting people up, and bringing them home safely. With FLIGHT DECK, their proprietary lean operating model, they are confident in achieving their full potential in service to customers, employees, and shareholders.
