“We expected more than 30% shop visit growth on LEAP.”

In context

“ybe wide-body versus narrow-body dynamics were specifically LEAP versus CFM56? Rahul Ghai: So Ken, no pre-buys. I mean, typically, we don't see that in January. I think we kind of knew that. I think as we go back to the first quarter earnings call, we said 90% was in the backlog. And we are sitting in a similar situation here in the second quarter, as we've said a couple of times here. So no pre-buys. I think the departures were up 4%. They're hanging in there. We're up 4% in the first quarter. They're hanging in at that level, even in the second quarter, through April and through the forward schedules that we are seeing in May. So clearly, that trend is continuing. So no prebuy. Now in terms of the wide-body, narrow-body and on LEAP versus CFM56, obviously, LEAP is growing faster, right? We expected more than 30% shop visit growth on LEAP. And within that 30% shop visit growth, the external channel, we expect the external channel to -- this year to be about 15% of our total shop-visit revenue versus kind of 10% last year. So within that, you can see the external channel beginning to pick up, and that is driving the LEAP spare parts revenue growth. For CFM56, we continue to expect kind of mid-single-digit shop visit growth, which will drive the CFM56 revenue. So LEAP is clearly growing faster here than CFM56 on a percentage basis. And -- but narrow body, wide-body, I think that obviously, LEAP is driving a little bit higher percentage growth, but we're seeing good growth even on the widebody side, especially at GE90 and nx get into heavier work scopes. Operator: Our next question comes from Myles Walton with Wolfe Research.”