GE’s Q4 2022 profit growth driven by jet engine sales

General Electric (GE) reported a positive fourth quarter of 2022, with jet engine sales by GE Aerospace deemed key to growth. “Thanks to the high-quality work of our team, GE ended the year with solid revenue growth and margin expansion, and US $4.8bn of free cash flow. In the fourth quarter, this was led by strong results at GE Aerospace with order and revenue growth above 20%  as well as power with double-digit growth”, said GE chairman and chief executive H. Lawrence Culp Jr., who is also GE Aerospace chief executive. GE Aerospace “delivered strong orders, revenue, and operating profit