“if you look at our low to mid-teens guidance on shop visits, that would imply that shop visits will be closer to high teens in the second half of the year on a year-over-year basis.”

In context

“s the LEAP? And does that suggest that CES services growth can actually accelerate next year versus this year? Rahul Ghai: No, no, you're right. I mean, we had a good second quarter on orders. We had a good first half. I mean services orders were kind of, as you said, mid-30s for the second quarter, up 30% or so for the first half. Strong book-to-bill here in the first half of the year on top of a good book-to-bill we saw in 2023. So the momentum is definitely there on the services side. And as you look at the back half of the year, we are expecting the services growth to be a little bit higher in the second half than in the first half, right, both the shop visits and on spare parts on a year-over-year basis. So we delivered 9% internal shop visit growth in the first half of the year. And if you look at our low to mid-teens guidance on shop visits, that would imply that shop visits will be closer to high teens in the second half of the year on a year-over-year basis. So that's what we are projecting. But overall, it's mid-teens services growth, and that is consistent with what we think the future years will look like. I think that we had – when we look at our 2025 outlook, we were projecting continuous strong services growth. So it's good to see the strong orders growth, good to see, as Larry said earlier, LEAP gaining share on the overall air traffic departure side as well. Operator: Our next question will come from the line of Gavin Parsons with UBS. Gavin Parsons: Thanks. Good morning. Lawrence Culp: Good morning. Gavin Parsons: I mean, I guess to Rob's question earlier on extending life of older engines, clearly strong demand for both growth and new aircraft. But it's been a couple of airline profit warnings over the last week or two. So I just wa”