GE: Etihad Partnership Highlights Digital Ambitions — Past Financial Scars Still Lingering

Court: S.D. New York

Case: 1:17-cv-08457

⚡ Key Points:

• GE Aerospace signs sustainability tech deal with Etihad Airways and Tawazun Council
• Focus on AI-driven aviation software to improve fuel use and flight safety
• Meanwhile, $362.5M investor settlement addresses past financial misstatements

GE Aerospace is accelerating its push into sustainable aviation with a new deal alongside Etihad Airways and the UAE’s Tawazun Council. The partnership integrates GE’s digital tools — Fuel Insight, Safety Insight, and FlightPulse — aimed at reducing emissions and boosting operational efficiency.

Officials hailed the move as a key step toward the Abu Dhabi Environment Vision 2030, with benefits extending from fuel management to Emirati pilot training and local tech development.

⚠️ Investor Claims Still Casting a Shadow

But even as GE Aerospace charts a cleaner future, it's still dealing with a legacy of financial missteps. Between late 2017 and early 2018, GE cut cash flow guidance, slashed its dividend, and revealed a $6.2B insurance charge — triggering a 31.8% drop in share price.

A lawsuit followed, accusing GE of overestimating its 2017 guidance and misleading shareholders. That case was settled in January 2025 for $362.5M.

📌 What Now?

If you bought GE between Feb 19, 2016 and Jun 20, 2025, you may still qualify for payment.

You can check more information about the GE settlement and file for payment HERE.