GE Aerospace (GE) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, and welcome to the GE Aerospace Investor Update and Second Quarter 2025 Earnings Webcast. At this time, all participants are in a listen-only mode. My name is Liz, and I will be your conference coordinator today. If you experience issues with the webcast slides refreshing or there appears to be delays in the slide advancement, please hit F5 on your keyboard to refresh. As a reminder, this conference is being recorded. I would now like to turn the program over to your host for today's conference, Laer Schor, from the GE Aerospace Investor Relations Team. Please proceed. Thanks, Liz. Welcome to GE Aerospace's 2025 Investor Update and 2Q25 Earnings call. I'm joined by Chairman and CEO Larry Kolk and CFO Rahul Guai. Today, we will be sharing an update on our second quarter 2025 results, financial guidance for 2025, and outlook for 2028, followed by a Q&A session. As usual, many of the statements we're making are forward-looking and based on our view of the world and our businesses as we see them today. As described in our SEC filings and website, those elements may change as the world changes. Additionally, Larry and Rahul will speak to total company and corporate financials, as well as our guidance and outlook on a non-GAAP basis. With that, I'll hand it over to Larry. Thanks, Blair, and we appreciate everyone joining us today. The GE Aerospace team is guided by our purpose to invent the future of flight, lift people up, and bring them home safely. At any given moment, nearly one million people are flying with GE Aerospace technology under wing. That is a significant responsibility that our 53,000 employees carry with great pride. We use Flight Deck, our proprietary lean operating model, to continuously improve safety, quality, delivery, and cost, ...