I would hardly describe GE as "hitting the skids." In aviation, GE is the world leader in jet engines: GE itself has a line of large turbofans and is preparing the world's largest turbofan to power Boeing's forthcoming 777X; Along with its French 50/50 joint venture partner Safran, GE has formed CFM International, a hugely successful venture that has built engines for the entire 737 Next Generation line (CFM56) and now is building both the LEAP 1B for the 737 Max and the Leap 1A for the Airbus A320 NEO. Taken together, GE and CFM have more engines on wing currently than either of the other two big jet engine makers, Rolls Royce and Pratt and Whitney. As mentioned in a previous post, aviation is one of the areas GE will focus on henceforth. They are in a very strong position in this multi-billion dollar market.