GE reports loss on continued pressure in aviation Issued on: 27/04/2021 - 13:56 General Electric reported lower revenues in three of four industrial divisions SEBASTIEN BOZON AFP/File 2 min New York (AFP) General Electric reported a first-quarter loss Tuesday on lower revenues in key divisions, including power and aviation, which remains under pressure amid Covid-19. GE pointed to some recent aviation engine orders for new Boeing and Airbus planes, as well as an uptick in gas turbine orders. However, overall orders were still down for both power and aviation compared with the year-ago period. The company reported a $2.9 billion loss, compared with profits of $6.2 billion in the year-ago period, when GE booked a large gain from a divestiture.