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GE Aerospace CEO: Airlines not cutting engine spending

GE Aerospace CEO Larry Culp says airlines maintain engine spending despite fuel price hikes and softer departures.

Daniel Rodriguez
ByDaniel Rodriguez- Senior Editor
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Bond.az reports that GE Aerospace CEO Larry Culp said airlines have not reduced engine maintenance or parts orders despite higher fuel prices and softer flight departures.

Speaking at a Bernstein investor conference, Culp noted that departures have softened over the past eight weeks, but there has been no operational impact or change in commercial behavior from airline customers.

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