GE Aerospace 2025: services and LEAP deliveries lift revenue; Culp defends pricing as shortages drive aftermarket demand

GE's services-led margin expansion signals sustained aftermarket revenue that supports higher valuations and gives manufacturers leverage in pricing and contract talks.

Reports that aircraft shortages are lifting demand — and prices — for engines and components point to ongoing constraints that will pressure operators' maintenance budgets and fleet availability; see the broader trend of engine values and parts scarcity.

CEO Larry Culp publicly defending pricing reflects an industry posture suppliers are taking as they capture OEM aftermarket opportunity, a dynamic with direct implications for carrier cost structures, MRO negotiations and supply-chain planning (context in recent engine deal and support activity).