GE CEO Culp on Second-Quarter, Aviation Rebound, Inflation

The transcript discusses GE's strong financial performance in Q2 2021, highlighting improvements in cash flow and business recovery across sectors like healthcare and aviation. The aviation industry is recovering from the pandemic, though challenges remain, especially with the Delta variant. GE's healthcare business is growing, driven by investments in precision healthcare. Inflation and cost management are ongoing concerns, with GE addressing price pressures and wage inflation. Employee safety and vaccination policies are also discussed, with GE encouraging but not mandating vaccines.

What was the percentage increase in GE's orders across the company in the second quarter of 2021?

• 30%

• 20%

• 40%

• 10%

Which GE business was the largest cash generator before the pandemic?

• Aviation

• Renewables

• Power

• Healthcare

What is the main concern for GE's aviation business regarding the Delta variant?

• Increased fuel costs

• Travel restrictions

• Pilot shortages

• Aircraft maintenance delays

How has GE's healthcare business performed in recent quarters?

• Faced major challenges

• Shown strong growth

• Remained stable

• Declined significantly

What is GE's approach to managing inflation and cost pressures?

• Reducing input costs

• Laying off employees

• Increasing product prices

• Outsourcing production

Has GE implemented a mandatory vaccination program for its employees?

• Yes, globally

• No, not at all

• No, but encouraged

• Yes, in the US only

What is GE's strategy for dealing with potential wage inflation?

• Hiring more staff

• Ignoring it

• Monitoring trends

• Reducing wages