GE Aerospace lifts commercial engine profit outlook on strong services performance

GE Aerospace has revised its commercial engine profit outlook upwards due to robust performance in its service operations. Specifically, the company reported a significant increase in Leap engine deliveries throughout the year. During the third quarter alone, CFM International delivered 535 Leap engines, bringing total deliveries for the nine-month period to 1,565. This represents a more than twenty-five percent rise in Leap engine shipments compared to the initial nine months of 2023. GE Aerospace’s strong services revenue is contributing significantly to this improved financial trajectory and future projections.