Key facts
- GE Aerospace CEO Larry Culp stated that GEnx engine delivery delays are not impacting Boeing's 787 production.
- Culp reported a 30% year-over-year increase in GE's widebody engine deliveries in the second quarter.
- He confirmed GE has several months' worth of GEnx engines available at Boeing's Charleston, South Carolina factory.
- Boeing CEO Kelly Ortberg had previously linked the 787 production ramp-up to resolving GEnx delivery delays.
- Approximately 80% of 787 aircraft are powered by GE engines.
GE Aerospace CEO Larry Culp pushed back against concerns that GEnx engine delivery delays could impede Boeing's production of its 787 aircraft. Culp stated that GE's deliveries of widebody engines increased by 30% from the previous year in the second quarter, with GEnx shipments seeing a more significant rise. He assured that GE has several months' worth of GEnx engines on hand at Boeing's Charleston, South Carolina, factory, indicating that production is not being held up by engine supply.
Boeing CEO Kelly Ortberg had previously indicated that achieving the goal of producing 10 787s per month was contingent on GE resolving GEnx delivery issues, alongside other constraints. Culp affirmed GE's commitment to supporting Boeing's ramp-up, stating, "GE will support and is supporting the 787 ramp." He also noted that the civil engine supply chain has improved, though further increases in deliveries will be necessary in the coming year.
Approximately 80% of Boeing 787s are powered by GE engines, making the program crucial for the engine manufacturer amid rising international demand for widebody aircraft. Culp indicated that GE would continue to work closely with Boeing to meet its requirements as production rates increase.