GE to sell corporate jets in cost-cutting move

GE to sell corporate jets in cost-cutting moveGeneral Electric plans to sell its corporate jets in a cost-cutting move amid sluggish activity in key industrial divisions, a spokesperson said Wednesday. “As we have said, we are executing on a plan to take out $ 2 billion in cost by the end of 2018,” the GE spokesperson told AFP. The company plans to sell the fleet, the spokesperson said.



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