
General Electric Aerospace raises its full-year profit forecast due to strong demand for jet-engine parts and services, driven by revenue growth from commercial aircraft engines. GE Aerospace's earnings are expected to be positive, with a 3.5% pre-market increase. The company's focus on its aerospace business is paying off amidst industry tailwinds. Boeing is in discussions with Spirit AeroSystems for a purchase, with Boeing providing advance payments to support contractual demands. Boeing reports a first-quarter revenue beat, but faces challenges with cash burn and quality concerns, including a $4 billion cash burn and a loss of $343 million amid safety troubles and lower plane deliveries.



















BOEING CEO SAYS SPIRIT DEAL `NOT DELAYED'; `NOTHING OFF RAILS' $SPR $BA
$SPR (+1.3% pre) $BA Boeing, Spirit agree $425 million deal to address supplier's issues - Reuters https://t.co/BYWN2I7B2F
Boeing’s losses narrow, but the airplane business keeps getting weaker https://t.co/Vw1QhDzINk