GE Burns More Cash Than Expected in First Quarter

The video discusses the recovery of the airline industry, particularly in the U.S., and its impact on companies like GE and Raytheon. While airlines are seeing a measurable recovery, there is a lag before aerospace manufacturers like GE benefit. The video also covers GE's financial challenges, including cash burn and the unwinding of their factoring program, which complicates their market perception.

What is the significance of the first quarter for GE in terms of cash flow?

How does the factoring program affect GE's financial situation?