“You'll note that we are adjusting our outlook for LEAP deliveries this year. On a full-year basis, we now think we will be somewhere between flat and up 5%, obviously lower than where we thought, but still showing modest growth.”

In context

“to keep in mind is that there is a timing dynamic relative to when we receive various inputs and win in turn, we convert that into an engine that we can deliver be it to Airbus or to Boeing, right? So April was challenging in a number of ways. We didn't have the recovery in May that I think we had hoped. We might see underlying the quarter, though, sequentially was the net improvement that I mentioned, and that has only continued to build here in July. We haven't seen that somewhat typically slow start to a quarter that I was concerned about. So there's really nothing more I can say about why the new unit deliveries LEAP included were disappointing. It is what it is, where we're focused, as we think about the rest of the year, is how do we deliver more and how do we deliver more reliably. You'll note that we are adjusting our outlook for LEAP deliveries this year. On a full-year basis, we now think we will be somewhere between flat and up 5%, obviously lower than where we thought, but still showing modest growth. And more importantly, I think, given what we're doing with FLIGHT DECK in the supply base, the expectations we have, not only for more inputs, but in turn more outputs positions us to be at a healthier, more stable, higher exit rate come the end of the year. That's where we're focused. That's what we're sharing with our customers work to do, work I think this team knows how to do. Operator: Our next question comes from the line of Seth Seifman with JPMorgan. Seth Seifman: Hey. Thanks very much and good morning. Rahul Ghai: Hey, Seth. Lawrence Culp: Good morning, Seth. Seth Seifman: I wondered just to kind of follow-up on that last question and thinking about the progression on the delivery side. I think you need a pretty significant increase off of the Q2 equipment revenue level to get to”