“So on financially, we've always targeted the program to breakeven this year, and that's on track.”

In context

“r: The next question comes from Sheila Kahyaoglu with Jefferies. Sheila Karin Kahyaoglu: Maybe if you could talk about -- LEAP aftermarket profitability, it's been a major contributor to CES performance year-to-date. Can you talk about -- you talked about profits equal in the 2030 time frame, which based on the revenue buckets you give, would mean margins pretty close to CFM56 levels. So if you could talk a bit about the margin profile across the [assays] and external for LEAP and how that progresses today to '28 to 2030? Rahul Ghai: Yes. So Sheila, overall, we're very pleased with how LEAP is progressing, right? If you -- you're kind of hitting our key milestones here for LEAP, both on financial performance and operational performance. And the share has been higher than what we expected. So on financially, we've always targeted the program to breakeven this year, and that's on track. We expected OE to break even next year. That's on track. And then obviously, the installed base, as we said that in our prepared remarks, we expect the installed base to be up 3x. So if you look at fundamental, what are the drivers of LEAP service profitability, I would say there are a few. One, as the LEAP shop visits grow, we will leverage our fixed investments in the MRO shops at a greater rate. So the fixed cost will get utilized at a higher rate. Therefore, that should help improve the profitability. The second is around price. We spoke about kind of the mid-single-digit growth, low single-digit pricing on CLP plus the pricing discipline that we've been driving for pricing new shop visits. So that's the second piece in the LEAP puzzle. The third, I would say, is the growing aftermark”