GE Aerospace CEO says airlines still spending on engine upkeep despite fuel spike
27/05/2026 16:29
GE Aerospace CEO says airlines still spending on engine upkeep despite fuel spike CHICAGO, May 27 (Reuters) - GE Aerospace GE.N has not seen airlines pull back on engine maintenance or parts orders despite higher fuel prices and softer flight departures, CEO Larry Culp said on Wednesday, signaling continued strength in the aircraft engine maker's high-margin aftermarket business.
Speaking at a Bernstein investor conference, Culp said departures had softened over the past eight weeks, with growth now "relatively flat." But he said GE Aerospace had seen no operational impact or change in commercial behavior from airline customers.
(Reporting by Rajesh Kumar Singh)
((rajeshkumar.singh@thomsonreuters.com; +1-313-484-5370; Reuters Messaging: rajeshkumar.singh.thomsonreuters.com@reuters.net))
Recent news on General Electric Co
See all newsAir India crash: one year on, no final report timeline as families seek answers (updated)
India says Air India crash probe evidence still being analysed
Victims' families mark Air India crash anniversary with prayers and tributes
Brief: GE Aerospace - Board To Increase Size To Accommodate Judson Althoff - SEC Filing
Factbox: Inside the cockpit: How Air India's Boeing Dreamliner flight ended in disaster