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.
- 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 has stated that GEnx engine delivery delays are not hindering Boeing's production of its 787 aircraft. Culp reported a 30% year-over-year increase in GE's widebody engine deliveries during the second quarter, with GEnx shipments seeing a more substantial rise. He confirmed that GE has several months' worth of GEnx engines available at Boeing's Charleston, South Carolina, factory, indicating that engine supply is not a bottleneck for production.
Previously, Boeing CEO Kelly Ortberg had suggested that achieving the target of producing 10 787s per month was dependent on GE resolving GEnx delivery issues, among 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 an improvement in the civil engine supply chain, though further delivery increases will be necessary in the coming year.
Given that approximately 80% of Boeing 787s are powered by GE engines, this program is critical for the engine manufacturer, especially with rising international demand for widebody aircraft. Culp indicated that GE would continue to collaborate closely with Boeing to meet its requirements as production rates escalate.