CLAIM #26627 · GE (GE) · 2026Q2 earnings call · Jul 16, 2026 · due Dec 31, 2027
“Expecting this gradual normalization to continue into 2027, but we're getting to the point where it's kind of at the run rate level.”
Rahul Ghai · CFO
How to check this claim
Look at: LEAP spare engine ratio (spare engines as % of total LEAP engine shipments, life of program)
It came true if: LEAP spare engine ratio within 10-12% range by year-end 2026, continuing at that run rate through 2027
Where: management commentary on quarterly earnings calls (spare engine ratio disclosure)
In context
“Rahul Ghai: Yeah. On spares, Rob, overall, listen, we are seeing some normalization, but the number of spare engines that we are shipping, they continue to grow up. They continue to grow. It's not the spare engine ratios coming down just given our growth in install engine shipments, but the number of spares that we've delivered here in the first half, they've gone up. That's what we're expecting. Overall, we are kind of in the low double-digit range for LEAP life of program, and that's very close to 10-12% that we expect at maturity. Expecting this gradual normalization to continue into 2027, but we're getting to the point where it's kind of at the run rate level. By the time we exit the year, it should be at the run rate level.”
Verify independently
SEC filings for GE ↗ · Claim quote is verbatim from the 2026Q2 earnings call.