General Electric (NYSE:GE) CEO Larry Culp on Thursday said it was too early to discuss jet engine volumes for 2025 and 2026, Reuters reported.
Culp spoke to reporters after at the company’s investor day, where GE said it on course to supply plane makers Boeing (BA) and Airbus (OTCPK:EADSY) (OTCPK:EADSF) with turbofan engines known as Leading Edge Aviation Propulsion, or LEAP, engines through the end of next year.
At that time, Airbus (OTCPK:EADSY) (OTCPK:EADSF) wants to boost production of its A320neo jets to 65 a month from about 45 currently. The longer-term goal is to crank out 75 planes a month by 2026.
Culp said “there is too much conspiracy theory and speculation” about the 2025 and 2026 production targets, Reuters reported.