GE Aerospace Delivers Strong Engine Growth Amid Boeing-Airbus Production Push

GE Aerospace delivered a strong performance in H1 2026, with engine deliveries rising 31% year-over-year. The company's LEAP engines, which power aircraft such as the Boeing 737 MAX and Airbus A320neo, saw an even more significant increase of 41%. This growth is largely driven by Boeing and Airbus' efforts to clear their massive backlogs, with both companies ramping up production in a bid to meet their 2026 delivery targets.

GE Aerospace's success is all the more impressive given its $210 billion backlog, which covers not only engine deliveries but also services and other businesses. The company has made significant progress in resolving component shortages, with material received from priority suppliers growing at a double-digit rate in Q2.

In contrast, RTX Corp's Pratt & Whitney division faced operational headwinds due to GTF engine issues. Despite this, the company saw aftermarket sales jump 25% in Q2, offsetting an 8% drop in new equipment sales. This divergence highlights the dual opportunity for suppliers: meeting new build demand while managing increased maintenance needs from aging fleets.