Material flow from suppliers continues to be GE Aerospace’s output-pacing item for both original equipment and maintenance services heading into 2025, but the headwinds will not prevent the company from posting strong year-over-year growth in the coming year.
Commercial engine services will be up in the low double digits, GE said in a recent letter to investors that included an update on its 2025 outlook.
“Both internal shop visits and spare parts will contribute to our growth, with spare part sales expected to be in-line with overall services growth,” the company said.
Original equipment (OE) activity “will grow faster than services,” GE added, with Leap output projected to rise 15%-20%.
The outlook on the GE9X, which powers the Boeing 777-9, is cloudier. “We continue to work through our expectations for 9X, but we expect shipments to grow,” GE said.
Boeing paused 777-9 certification testing in August due to a problem with thrust links, which are connected to the engine but not made by GE, and has provided little guidance on next steps.
The delay contributed to Boeing pushing the window for deliveries to start into 2026.
Near term, GE is “making progress on increasing material input sequentially—yet, this increase still remains below our demand,” the company said. “We continue to make trade-offs across OE and aftermarket demand with the material we have. As we’ve shared, demand for aftermarket remains robust, with strong orders and shop visit inductions outpacing our output each quarter.”
CFM has agreed to divert some Leap engines earmarked as spares to Airbus for new aircraft production, Reuters reported in late November, quoting Safran CEO Olivier Andries. CFM is a 50/50 joint venture of GE and Safran.
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