Exclusive: US lifts license suspensions for GE jet engines to China's COMAC
1. GE Aerospace can now resume jet engine shipments to China's COMAC. 2. U.S. lifted recent license suspensions, positively impacting GE's sales potential.
1. GE Aerospace can now resume jet engine shipments to China's COMAC. 2. U.S. lifted recent license suspensions, positively impacting GE's sales potential.
This reinstatement enables GE to capitalize on the growing Chinese aviation market, historically vital for revenue.
The license reinstatement directly enhances GE's operational capacity and revenue growth, indicating significant importance.
Immediate improvements can be expected as GE resumes shipments, boosting sales in the near term.