Abhijith Ganapavaram,

(Added CEO comments, company details, updates shares) By Rajesh Kumar Singh and Abhijith Ganapavaram NEW YORK (Reuters) - General Electric's aerospace business on Thursday forecast operating profit of about $10 billion in 2028 on robust demand for its products and services, and said it was targeting an initial dividend payout at 30% of net income. GE Aerospace, which makes engines for Boeing and Airbus jets, has experienced a surge in demand for aftermarket services as a strong rebound in travel and a shortage of new jets prompt airlines to keep planes in the air for longer.

Biography:  https://finance.yahoo.com/news/1-ge-aerospace-forecasts-10-114823426.html

52%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

60%

Examples:

  • The article implies that Boeing's problems are affecting the entire airline industry without providing any evidence or context.
  • The author uses a negative tone to describe Boeing's situation and its impact on GE Aerospace.

Conflicts of Interest

40%

Examples:

  • The article does not disclose any potential conflicts of interest between GE Aerospace and Boeing or other parties involved in the aerospace industry.
  • The author may have an bias towards GE Aerospace or its shareholders.

Contradictions

80%

Examples:

  • The author quotes United Airlines CEO stating that it is impossible to say when MAX 10 will be certified without mentioning any safety concerns.
  • The title of the article contradicts the content, which is about demand for aftermarket services rather than delivery delays.

Deceptions

50%

Examples:

  • The article does not provide enough details about what exactly happened with the midair panel blowout incident and how it affected Boeing's operations.
  • The author uses vague terms like 'robust demand' and 'shortage of new jets' without providing any data or sources.

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