Bloomberg: Waypoint Bankruptcy Could Add to GE’s Dilemma


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Bloomberg reported that analysts have said the Waypoint bankruptcy could be a signal that more trouble is in store for GE Capital.

Bloomberg noted that a write down of the assets of Milestone Aviation, a helicopter leasing company that GE acquired in 2014, “could prove highly material to GE Capital,” according to the analyst.

Although Waypoint has struggled due to decreased demand in the rotorcraft space, the analyst stated that, so far, Milestone has continued to remain profitable, according to Bloomberg.

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