NEW YORK, Jan 17, 2026, 11:41 AM EST — Market closed.
- GE shares climbed Friday following a leadership shake-up in its commercial engines and services division.
- U.S. markets will be closed Monday in observance of Martin Luther King Jr. Day, trimming the trading week for investors.
- Investors are eyeing GE’s upcoming results for revised 2026 guidance and fresh insights on services demand.
Shares of GE Aerospace (GE) climbed 1.6% on Friday, closing at $325.12. The boost followed the appointment of Mohamed Ali to lead the company’s newly expanded commercial engines and services division. (Reuters)
The management shake-up comes as traders gear up for a holiday pause and face a shorter stretch before earnings season. U.S. markets will be closed Monday in observance of Martin Luther King Jr. Day, reopening on Tuesday. (New York Stock Exchange)
Earnings are taking on a bigger role as investors weigh policy shifts and geopolitical news amid the usual stream of company reports. “It is literally an imperative that earnings actually carry the news cycle,” said Art Hogan, chief market strategist at B Riley Wealth. (Reuters)
GE Aerospace named Ali as president and CEO of Commercial Engines and Services, which will now include the technology and operations team. “Bringing the CES and T&O teams together will build on the progress the T&O organization achieved last year,” said CEO Larry Culp. The firm also appointed Jason Tonich as chief commercial sales and customer officer, reporting directly to Culp. (GE Aerospace)
A company filing revealed Ali will start the role on Feb. 1, managing the commercial engine lifecycle—covering safety, quality, engineering, supply chain, manufacturing, and aftermarket services. The filing also noted CES chief Russell Stokes will advise Culp through the transition before retiring on July 31, with specific pay and benefit details laid out for his exit. (SEC)
CES is a key focus for GE when it comes to market sensitivity. The aftermarket—covering repairs, parts, and maintenance for engines already in operation—usually brings in higher margins than selling new engines. It also helps cushion fluctuations in delivery volumes.
Engine makers are benefiting from airlines holding on to older planes and engines longer while waiting for deliveries of new jets. A Reuters Breakingviews piece this week highlighted how extended use of CFM56 and V2500 engines is boosting demand for maintenance, repair and overhaul (MRO) services. The column also pointed to GE Aerospace rivals like France’s Safran and Germany’s MTU Aero Engines as gaining from this trend. (Reuters)
GE climbed on Friday even as the wider market pulled back ahead of the long weekend. The S&P 500 dipped 0.1%, the Dow dropped 0.2%, and the Nasdaq slid 0.1%, per an AP tally. (AP News)
As trading picks up, investors will watch closely to see if aerospace remains a strong spot amid a busy earnings season. Changes in airline demand, deliveries from planemakers, or engine shop workloads tend to influence how traders value the service angle pretty fast.
The trade isn’t one-sided. If aircraft retirements speed up, unforeseen costs crop up, or a quality snag leads to costly extra shop work, margins could take a hit and the services story might lose momentum.
GE Aerospace is set to release its fourth-quarter earnings on Jan. 22, with a webcast at 7:30 a.m. EST. Investors will be focused on the 2026 outlook and insights into how the revamped CES structure is impacting production and service delivery. (GE Aerospace)