GE Aerospace speeds GEnx engine deliveries to help Boeing lift 787 output
GE Aerospace said it is accelerating deliveries of its GEnx engines to Boeing as the aircraft maker seeks to raise 787 Dreamliner production to 10 units per month. The company shipped more than 50 engines in the third quarter, an 8% increase from the prior quarter. GE also raised its full‑year revenue outlook, projecting 19‑20% growth after reporting adjusted Q3 revenue up 18% year over year. Boeing delivered 22 Dreamliners in Q3, underscoring the need for the faster engine supply.
Why it matters
The higher delivery rate supports Boeing’s plan to increase 787 output, which could improve the aircraft maker’s cash flow and recovery. GE’s raised revenue guidance signals stronger demand for its commercial engines and aftermarket services, potentially boosting its earnings outlook.
Key facts
- 1GE Aerospace delivered more than 50 GEnx engines in the third quarter, up from the preceding three months. tradingview.com
- 2Engine deliveries rose 8% in Q3 compared with the prior quarter. aviationweek.com
- 3Boeing aims to increase 787 Dreamliner production to 10 aircraft per month, up from eight. tradingview.com
- 4Boeing delivered 22 Dreamliners in Q3. tokenpost.com
- 5GE raised its full‑year revenue guidance to 19‑20% growth. aviationweek.com
- 6Adjusted Q3 revenue was $13.3 billion, up 18% year over year. aviationweek.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.