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.
FAQ
Why Bullish?
This reinstatement enables GE to capitalize on the growing Chinese aviation market, historically vital for revenue.
How important is it?
The license reinstatement directly enhances GE's operational capacity and revenue growth, indicating significant importance.
Why Short Term?
Immediate improvements can be expected as GE resumes shipments, boosting sales in the near term.