GE Aviation ready to look at acquisitions

Own way: An employee assembles a jet engine at the GE Aviation assembly plant in Indiana. Parent GE has announced plans to spin off its businesses into three public companies, marking the end of the 129-year-old conglomerate. ― Bloomberg

DUBAI: GE Aviation is ready to look at acquisitions to top up its portfolio with technologies that could help it shape the future of flight, without waiting for a planned break-up of its parent General Electric Co (GE), its top executive said.

“(If there is) alignment with our strategic goals and assuming that the business case makes sense, we are open to look at opportunities,” GE Aviation chief executive John Slattery told Reuters.