NEW YORK, Feb 10, 2026, 1:55 PM EST — Regular session
- GE Aerospace edged up roughly 0.3% in afternoon trading. The stock slipped 1.3% the previous session.
- Ryanair signed a direct, long-term deal with CFM to source engine spare parts, a contract exceeding US$1 billion annually over its duration.
- Eyes are on the postponed U.S. payrolls numbers coming Feb. 11, followed by January’s CPI two days later, as investors look for any signs on where interest rates could be headed.
GE Aerospace edged up 0.3% to roughly $317.6 on Tuesday, brushing aside Monday’s drop. Shares swung from $316.00 to $319.97, helped by new CFM International deal headlines.
It wasn’t about the headline; the real story is airlines scrambling to secure parts and shop space. For GE, the aftermarket—selling spares and engine service—remains the company’s dependable cash generator.
The timing landed just as investors were gearing up for a batch of U.S. economic releases that could jolt rate expectations. GE moves like a heavyweight industrial—shares sometimes swing with yields, even if there’s not much headline news from the company itself.
Ryanair disclosed in a U.S. filing that it’s reached a memorandum of understanding with CFM—a 50/50 partnership between Safran Aircraft Engines and GE Aerospace—for a long-term engine material services deal. The Irish carrier plans to buy over $1 billion a year in spare parts straight from CFM, with the commitment linked to two new engine maintenance, repair, and overhaul (MRO) facilities set to open starting in 2029. GE CEO H. Lawrence Culp Jr. described the deal as a marker for an “open MRO ecosystem.” Safran’s CEO Olivier Andriès said the group is putting money toward building a worldwide network. 1
Boeing handed over 46 jets last month, with 38 of those being 737 MAX models, and recorded 103 net new orders. The company, which is a major customer for CFM in the narrowbody market, also said Aviation Capital Group signed up for 50 737 MAX jets, while Delta put in an order for 30 Dreamliners. 2
GE Aerospace shares slipped 1.33% on Monday, settling at $316.74—lagging behind some industry peers as the market moved higher. The stock now sits roughly 4.8% under its Jan. 6 peak of $332.79. Trading volume came in below the 50-day average, according to MarketWatch data. 3
With airlines pushing fleets harder and keeping older jets aloft, GE Aerospace has been capitalizing on the surge in demand for aftermarket parts and maintenance. Back in late January, the company pointed to solid performance in commercial engines and services as it projected 2026 adjusted profit would top estimates. 4
GE Aerospace announced Monday it has inked both an industrial participation agreement and a manufacturing memorandum with Saudi Arabia’s General Authority for Military Industries, aiming to strengthen F110 engine repair and boost local MRO expertise. “This collaboration … goes beyond technology transfer,” said Salim Mousallam, a defense executive at GE Aerospace, in the statement. 5
Choppy action across the board. The Dow notched a new high, but the S&P 500 barely budged and the Nasdaq slipped as investors digested lackluster U.S. retail sales and corporate earnings. Those retail numbers missed forecasts, which, according to Charlie Ripley, vice president of portfolio management at Allianz Investment Management, “indicating that maybe the economy wasn’t as strong as people expected.” 6
Investors are watching for the postponed January nonfarm payrolls, expected Wednesday, while January’s consumer price index will arrive on Friday. 7
Still, Ryanair’s agreement remains just a memorandum for now, and if airlines shift engine maintenance in-house, the split of service margins could change down the line. A dip in travel demand—or if data suggests an even steeper slowdown—would put the “aftermarket is resilient” thesis to the test.
GE shares are eyeing a trio of upcoming events: payrolls land Feb. 11, CPI hits Feb. 13, and after that, it’s all about how those numbers shake up rate-sensitive industrials.
