Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business

US Stocks: GE Aerospace raises 2026 profit forecast as services strength drives growth

GE Aerospace on Tuesday raised its 2026 profit forecast for the second time this year, betting strong demand for engine maintenance and spare parts will offset the impact of higher fuel costs on flights.

Airlines worldwide are cutting costs and capacity to defend ticket prices after the war in Iran disrupted oil shipping routes, driving up jet fuel costs and adding to pressure on the industry.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.