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GE Aerospace working to keep up with LEAP engine demand, says CEO

investing.com 22/10/2024 - 15:46 PM

GE Aerospace CEO Addresses LEAP Engine Production Challenges

CHICAGO (Reuters) – GE Aerospace CEO Larry Culp stated that the company is working to increase production to meet the high demand for LEAP engines, which are used in Airbus and Boeing narrowbody aircraft.

Culp's remarks follow a forecast of a double-digit decline in LEAP jet engine deliveries this year, attributed to supply constraints.

Culp emphasized, "We have very strong demand across the industry. Both the airlines, as they utilize existing fleets, and the air framers, as they work to help the airlines expand those same fleets, are pulling on us and others for more."




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