GE Aerospace reported third-quarter earnings on Tuesday that exceeded Wall Street estimates, raising its full-year profit guidance as demand for commercial jet engines and aftermarket services accelerated. Shares rose in early New York trading.

The Cincinnati-based company, which split from the former General Electric conglomerate in 2024, has benefited from record order backlogs at Boeing and Airbus and from rising global air travel. Chief Executive Larry Culp has emphasised high-margin spare-parts and servicing revenue as the core growth engine.

Analysts at Morgan Stanley and RBC Capital Markets had forecast continued strength in the Commercial Engines and Services unit, driven by increased shop visits for the LEAP and CFM56 engine families. Defence and propulsion revenue was also expected to contribute, supported by elevated US military spending.

The results arrived during a busy week of US corporate earnings, with aerospace and industrial firms seen as a barometer of global supply-chain recovery. A higher full-year outlook from GE Aerospace would reinforce investor confidence in sustained aviation demand despite broader economic caution.

Culp said the company remained focused on expanding output while managing supply constraints, according to the earnings statement released before the market opened.