GE Aerospace Soars Ahead of Spinoff as Investors Bet on Growth in Jets and Services

• GE Aerospace shares rose 12% in March ahead of the GE Vernova spinoff on April 2 • GE Vernova combines GE's power, renewable energy, and electrification businesses • Investors are bullish on GE Aerospace's long-term growth potential in the aerospace sector • GE Aerospace's aircraft engines will generate lucrative servicing revenue for decades • GE Aerospace operating profit expected to grow 11.6% in 2024 and 14% CAGR from 2023-2025