“On the LEAP side, I think that is definitely shaping up to be a lot better than what we expected at the beginning of the year.”

In context

“time. And so relative to the dollars at that time, maybe the OE losses are not quite as big. I was wondering if we should think about it that way. And then also just in terms of thinking about, not just the volume of work on LEAP in the aftermarket, but LEAP profitability, is that something that we should expect to improve next year? Rahul Ghai: I think, Seth, you are accurate on both counts, right? Our engine output perhaps is not at the level that we'd expected back in March. So that should minimize or reduce our engine losses. But keep in mind, there're other dynamics that go in as well, the number of spare engines we have to deliver, R&D investments, all those other things. So that's just one data point. which you're accurate on Again, we'll provide more guidance as we get into 2025. On the LEAP side, I think that is definitely shaping up to be a lot better than what we expected at the beginning of the year. Obviously, Larry spoke about the durability improvements that are coming in and the fact that we're expecting LEAP durability to be at CFM56 levels in 2025. So that's a huge plus. But also what we've started to see is that our spare part sales to our external network is growing. So this year, north of 10% of the shop visits that we -- that shoppers that we completed were by external third-party network. And that is obviously a very profitable business. And if you look on a sold basis, about 25% of the shop visits that are sold are with an external third-party network. So those are -- that's an important data point because that means that spare part sales for LEAP should grow over time. So that should be a positive here for 2025, and we'll reflect that in our guidance as we provide that in”