General Electric (GE) Declares $0.01 Quarterly Dividend; 0.6% Yield
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Air maintenance firms, manufacturers plan for $60 billion in lost sales
June 18, 2020 1:09 AM EDTBy Ankit Ajmera
(Reuters) - Maintenance firms and spare parts producers who keep airplanes running are bracing for a decline of up to 75% in sales this year - and more pain to follow - as airlines park or retire thousands of aircraft due to the coronavirus pandemic.
Worth about $80 billion in sales last year, the industry ranges from engine makers like General Electric Co (NYSE: GE) and Rolls-Royce Holdings Plc (NYSE: RR) to systems companies like Honeywell International Inc (NYSE: HON) and... More
Active options: NFLX ORCL NKLA FB CCL DKNG HTZ SQ GE
June 17, 2020 9:54 AM EDTActive options: NFLX ORCL NKLA FB CCL DKNG HTZ SQ GE
... More