GE Aerospace CEO defends jet engine pricing amid airline maintenance complaints
GE Aerospace CEO Larry Culp defended engine pricing today against airline complaints. He cited high R&D costs as turnaround times remain 150 percent higher.
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GE Aerospace Chief Executive Officer Larry Culp larry culpdefended the jet-engine industry's pricing practices on Thursday, January 22, 2026, in response to growing airline industry complaints regarding soaring maintenance costs and engine shortages. Speaking in a Reuters interview, Larry Culpargued that current pricing reflects the massive scale of investment required to develop and support complex propulsion systems. Larry Culpnoted that GE Aerospace, based in the United States 
US, invests approximately $3 billion annually in research and development for these technologies.
US, invests approximately $3 billion annually in research and development for these technologies.
