General Electric (GE) — switching costs, read against the 10-Q

General Electricreason 02 of 4it is wired into how the customer already worksderived 2026-09-11accession 0000040545-26-000049

LEAP and GENx platform wins on high-volume narrowbody and widebody aircraft lock in decades of aftermarket revenue, while durability improvements (doubled time-on-wing) strengthen competitive positioning by reducing airline total cost of ownership and reinforcing customer preference

the thesis · admitted · the reason above is the thesis, not printed twice

the finding

The disclosure consolidates previously itemized GEnx order details into a summary statement, removing the specific 300-engine quantity for United.

The report says this changed. It does not say whether that is good or bad, so neither do we.

before · risk factors · 2026-03-31 → 2026-06-30

“United Airlines has selected more than 300 GEnx engines to power their new Boeing 787 Dreamliners”

→ after