The place the PGA Excursion Is Going Is Extra Essential Than the Trips of the Commissioner’s Non-public Jet

When Basic Electrical was once below siege from shareholders in 2017, it got here out that GE CEO Jeffrey Immelt traveled the sector on a company jet, with a 2nd empty jet following in case of mechanical or safety problems.

After all, GE on the time was once a lot better than its $74.2 billion valuation of 2021, when it owned many subsidiaries which have been offered off or spun off into separate firms.

Regardless of how massive GE was once within the 16-plus years of Immelt’s tenure, no person believed that the two-plane state of affairs made a lot sense and was once well worth the expense.

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