GE Aerospace CFO Says At Morgan Stanley Conference He Is Confident GE9X Mid-Seal Issue Won't Hold Up 777X Entry Into Service Next Year; Company Started Shipping GE9X Engines With Improved Mid-Seal To Boeing In Q3; Says Aircraft Retirements Down Year-Over-Year

At the Morgan Stanley Conference, GE Aerospace's CFO expressed confidence that the GE9X mid-seal issue will not delay the entry into service of the 777X next year. The company began shipping GE9X engines with an improved mid-seal to Boeing in Q3. Additionally, aircraft retirements have decreased year-over-year.