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GE Aerospace lifts profit outlook as engine deliveries soar
(Reuters) -GE Aerospace CEO Larry Culp said on Thursday that the company's efforts to fix supply constraints are showing results and driving up jet engine deliveries, boosting its profit outlook for the year. Culp said the company is also making progress in mitigating tariff costs, and expects global aircraft departures, which drive its services business, to rise by low-single-digit percent this year despite lingering trade-induced economic uncertainty. GE now expects annual adjusted profit per share in the range of $5.60 to $5.80, compared with its prior expectations of $5.10 to $5.45.