Feed - Buzzberg

11:30
Jul 16 ◎

GE FY2026 Q2 Watch

GE Aerospace (GE) FY2026 Q2 Earnings Call

RYAAY MTU.DE GE ▾

Larry Culp

Recent incident could impact Ryanair's operations, but as a CFM customer, GE is assisting, a standard customer support signal.

"CFM International is supporting our customer Ryanair and assisting with the investigation into flight 1879."

RYAAY WATCH

Larry Culp

Expansion of MTU's MRO network for LEAP engines is critical for GE to meet aftermarket demand and is a positive growth signal for MTU.

"we celebrated with MTU the grand opening of their new maintenance facility in Fort Worth which recently inducted their first LEAP-1B engine."

MTU.DE WATCH

Larry Culp

Management's tone is decidedly bullish, raising guidance on strong demand, improved operations, and robust backlog. They see durable growth, driven by commercial services and defense, implying continued momentum.

"Given the strength of our first half results and momentum for the remainder of the year, we're raising our 2026 guidance across the board."

GE WATCH

HIGH

11:30
Apr 22 ◎

GE FY2026 Q1 Watch

GE Aerospace (GE) FY2026 Q1 Earnings Call

AAL UAL DAL IBE.MC RYAAY ▾

Larry Culp

A large, long-term order from American underscores sustained narrow-body demand and fleet growth plans for the airline.

"American recently committed to more than 300 LEED 1A engines with options for 200 more to power future A321neo and A321XLR deliveries."

AAL WATCH

Larry Culp

United's significant GE9X engine selection solidifies its wide-body fleet strategy and is a revenue win for GE.

"United, also celebrating 100 years this month, selected 300 GENX engines for its 787 fleet, making it the largest GENX operator globally."

UAL WATCH

Larry Culp

Delta's first selection of the GE9X for its future 787 fleet signals a strategic shift in its wide-body engine preferences, a direct win over competitor Rolls-Royce.

"Delta committed to 60 GENX engines with options for 60 more for its new 787 fleet, marking its first GENX selection."

DAL WATCH

Larry Culp

Adding Iberia to the MRO network expands GE's aftermarket capacity in Europe, a modest positive for IAG's maintenance unit.

"we just announced Iberia as our seventh premier MRO, supporting growth in Europe."

IBE.MC WATCH

Larry Culp

Long-term MRO and materials agreement with Ryanair is part of GE's open MRO strategy and secures aftermarket demand.

"we signed an agreement with Ryanair, covering approximately 2,000 CFM56 and LEAF engines, providing material support and MRO services to scale their in-house capabilities"

RYAAY WATCH

Larry Culp

Expanding partnership with Kratos on the GEK-1500 engine design puts Kratos at the center of CCA and UAS propulsion development, a positive growth signal.

"this included an award from the U.S. Air Force to complete an initial design concept of the GEK-1500 in partnership with Kratos, with potential applications across unmanned aerial systems"

KTOS WATCH

Larry Culp

Collaboration with Airbus on the RISE open-fan testbed moves next-generation engine architecture closer to real-world application, a positive for both companies' future programs.

"this quarter, together with the Civil Aviation Authority of Singapore and Airbus, we established the world's first airport testbed for open-fan technology as a part of the RISE program."

EADSY WATCH

Larry Culp

Underlying demand and backlog are robust, and first-quarter performance beat internal expectations. Management is confident in hitting the top of guidance despite geopolitical risk, leaning toward better-than-expected near-term results.

"We're holding our full year guidance across the board given the macro uncertainty, though with our strong start to the year, we are trending toward the high end of that range."

GE WATCH

HIGH

05:00
Jan 22 ◎

GE FY2025 Q4 Watch

GE Aerospace (GE) FY2025 Q4 Earnings Call

DAL BA MTX RTX GE ▾

Larry Culp

Delta's selection of the GENX for 30 787s is a key commercial win, adding a new marquee wide-body customer and expanding GE's aftermarket services installed base.

"Delta, a new GENX customer, selected us to power and service their new fleet of 30 Boeing 787s"

DAL WATCH

Larry Culp

Mentions of Boeing 737-10 and 787 wins indicate continued demand for Boeing airframes, positively impacting their backlog and production outlook, though not a direct statement about Boeing's trajectory.

"Pegasus Airlines committed to up to 300 LEAP-1B engines to power its future Boeing 737-10 fleet"

BA WATCH

Larry Culp

Expanding the MRO network with MTU is a positive signal for MTU as it deepens its role in the LEAP aftermarket, supporting long-term growth for MTU's MRO segment.

"In 2025, we added MTU Dallas as our sixth premier MRO partner, supporting third-party shop visit growth"

MTX WATCH

Larry Culp

CFM56 retirements are expected to be ~2% in 2026, lower than previously guided (2-3%), implying the mature engine is 'stronger for longer'. — Sustained demand for CFM56 engines pushes out the expected peak in shop visits, providing longer-duration aftermarket revenue tailwinds for GE and its partner, RTX's Pratt & Whitney.

"we expect retirements to be in the 2% range. Our prior expectations were 2% to 3% range, so trending a little bit better"

RTX WATCH

Larry Culp

Management's tone is strongly bullish, guiding to another year of double-digit growth, profit expansion, and record cash flow, underpinned by a robust demand environment and operational improvements.

"Demand remains robust, with 2025 orders up 32% and continued backlog growth. This supports our expectation for revenue to be up low double digits"

GE WATCH

Larry Culp

A significant defense order for India's Tejas program underscores robust international demand for military engines and strengthens GE's defense backlog.

"Hindustan Aeronautics ordered 113 F-404 engines for the Tejas fighter jets, demonstrating our position as a trusted partner for allied fighter programs."

HAL WATCH

HIGH

Feed — Buzzberg