GE Aerospace reported a 14% growth in orders to $8.2bn in the first quarter of 2023 (Q1  2023), with revenue up 25% year-on-year to $7bn. Operating profit was up 46% to over $1.3bn, with commercial services growing on the back of “higher internal shop visits and strong external spare part sales” and “significantly higher” deliveries of LEAP engines, which were up 53% over the period, according to parent company General Electric (GE). “Segment margin of 19.0% expanded by 280 basis points reported and 240 basis points organically,” GE said, outcomes that were “driven by higher volume, price and productivity.” “At

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