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aviation


GE Will Cut Another 13,000 Jobs

General Electric (GE) on May 4 said it plans to cut as many as 13,000 jobs from its Aviation unit this year, or about 25% of the division’s total workforce,…


GE Reports $1 Billion Hit to Cash Flow

General Electric (GE) on April 29 reported a steep drop in first-quarter revenue, with the industrial giant—like many companies—taking a major hit from the coronavirus pandemic. The company reported a…


How the FAA’s First-Ever Commercial Drone Rules Could Affect Power Companies

The first operational rules finalized by the Federal Aviation Administration (FAA) for routine commercial use of drones could have major implications for utilities and power companies, which are increasingly using…