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GE Takes Flight Following Airshow

GE Aerospace (NYSE: GE) wrapped up the 2026 Farnborough International Airshow with record engine demand, continued momentum across durability and services, and major advances in hybrid electric flight.

CEO H. Lawrence Culp, Jr., said, “At GE Aerospace, we are focused on delivering for our customers today while investing in the technologies that will shape the future of flight. This week at Farnborough reflected that commitment as we announced record orders, hardware enhancements to improve durability and a breakthrough hybrid electric milestone.”

Record Engine Agreements

GE Aerospace and CFM International, a 50/50 company of GE Aerospace and Safran Aircraft Engines, announced commitments for ~1,800 engines, including:
LEAP: CFM announced a memorandum of understanding with IndiGo for more than 1,000 LEAP-1A engines to power 510 Airbus A320neo Family aircraft. The agreement will be the largest single order ever placed for LEAP engines and a record for CFM.

GEnx: GE Aerospace announced additional GEnx wins across the widebody market, including Philippine Airlines’ selection of GEnx-1B engines to power 15 Boeing 787-10 aircraft and AerCap’s selection of GEnx-1B engines to power 15 additional Boeing 787 Dreamliners. The GEnx-1B surpassed 50 million flight hours in just over 14 years, the fastest rate ever for a GE Aerospace commercial widebody engine model.

GE shares $6.33, or 1.8%, Friday to $355.34.