GE Q3 Earnings

GE Q3 Earnings

General Electric announced its 3Q22 earnings at $0.35 and missed consensus by $0.14. The company is a complex conglomerate with revenues spread among healthcare, renewal, power, and aviation. The split comes with three segments, GE Healthcare, GE Vernova (energy...
Rising fuel costs for US airlines

Rising fuel costs for US airlines

Delta stated today on its earnings call its concern with rising fuel prices, and how this will negatively impact their earnings.  The rise in traffic is welcome, but that rise may not be fast enough to offset rising fuel costs. So what do these costs look like for the...
Philippine Airlines parent posts record loss

Philippine Airlines parent posts record loss

The parent company of Philippine Airlines, PAL Holdings, booked a record 73 billion pesos (US$1.51 billion) loss in 2020 as the COVID-19 pandemic severely impacted the global aviation sector. The company said its management and stakeholders are working on the final...