“As a result, we now expect narrow-body revenue to grow at a low double-digit CAGR and '28 revenue to be approximately 15% higher than our expectations last March.”

In context

“lead durability, support the GE9X ramp and advanced technologies supporting the future of flight. Overall, these actions will add more than $3 billion of profit between '25 and '28. And despite the introduction of a new wide-body platform and significant new product ramps double-digit annualized growth in services will support margin expansion. So let's unpack commercial services revenue in 22 -- in Slide 22. As you can see, both narrow-body and wide-body are well positioned to deliver sustainable growth. Today, CFM engines power approximately 75% of industry's narrow-body flights. This year continues to increase as the LEAP fleet is expected to grow roughly 3x by 2030. Narrow-body revenue is exceeding our prior expectations driven by LEAP growth and the extended longevity of CFM56 fleet. As a result, we now expect narrow-body revenue to grow at a low double-digit CAGR and '28 revenue to be approximately 15% higher than our expectations last March. Our wide-body business remains a significant differentiator. We currently power more than half of industry's departures. We expect to maintain this position with GE9X, I apologize, GEnx doubling its installed base by the end of the decade and continued utilization of GE90 fleet and the introduction of GE9X. We anticipate wide-body services revenue will grow at high single-digit CAGR through 2030, including GEnx at a low double-digit CAGR. Taken together, the strength of our foundational fleets combined with our installed base growth supports the annualized double-digit services revenue growth. Moving to Slide 23. On Commercial Services revenue growth, and how that will translate into a significant profit improvement. Narrow-body profit is expected to rise over 70%, primarily from LEAP wit”