GE Aerospace’s engine deliveries “disappointing” after “constrained” supply chain

GE Aerospace reported a strong second quarter, but the company has lamented the supply chain constraints that has impacted its new engine output. The company produces the CFM International LEAP engine in a 50/50 joint venture with Safran Aircraft Engines. “While we’ve made progress and services this quarter, our new engine output was disappointing, down 20% sequentially,” said GE Aerospace chairman and CEO H. Lawrence Culp. “It’s a clear challenge that we’re facing head-on, accelerating the use of FLIGHT DECK in partnership with our suppliers as we work to solve the ongoing supply chain constraints.” FLIGHT DECK is the company’s