What Investors Learned From GE's Investor Outlook Meeting

Most General Electric (NYSE: GE) followers know that its management tends to give conservative guidance. That's a thought to keep in mind when assessing the company's recent investor outlook meeting. The headline data on the industrial businesses was nothing special, but a look at the details reveals some very positive underlying trends. Let's get into why investors should be feeling positive after the outlook meeting.

First up, GE announced it would be combining its aircraft leasing business, GECAS, with AerCap (NYSE: AER). The deal involves GE receiving $24 billion in cash, a 46% share in the combined company that currently has a combined market value of $6 billion, and an additional $1 billion in AerCap notes or cash upon closing. As part of the deal, GE will transfer $34 billion of GECAS' net assets to AerCap.

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