Why GE's Biggest Business May Soon Be Jet Engines

Growth in aviation and other manufacturing divisions is more important than ever for Fairfield, Conn.-based GE as CEO Jeff Immelt executes a plan to shed most of the GE Capital finance unit, its biggest single revenue generator, and hit a 2018 target of drawing 90% of total operating profits from the company's industrial units. Last year, the finance unit accounted for 28% of $18.6 billion in operating income, while the power-and-water business -- the biggest industrial profit generator at the time -- made up 22% and aviation provided 20%.

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