Improved Cash GenerationSustained free cash flow near $1.8B and operating cash flow around $2.0B provide durable internal funding for parts, service capacity and capex. High FCF quality (0.91x net income) supports reinvestment, working capital and gradual deleveraging over months.
Revenue And Margin RecoveryMaterial top-line growth and improved operating margins reflect stronger demand and operating leverage. Durable improvement in profitability enhances ability to sustain R&D, aftermarket investments and service network expansion, improving long-term cash conversion.
Recurring Aftermarket ServicesA substantial aftermarket services business creates recurring, higher-frequency revenue and customer stickiness via maintenance, parts and support. This installed-base revenue cushions cyclicality in new jet deliveries and underpins predictable long-term cash generation.