July 25 Reuters General Electric Co on Tuesday raised its fullyear profit outlook after quarterly earnings topped Wall Street estimates on robust demand for jet engine spare parts and services from airlines looking to cash in on surging air travel.

The company39;s shares were up about 6 at 116.44 in morning trade.

CEO Larry Culp in an interview said the company has not seen any signs of softening in demand despite rising interest rates.

We feel very good about the demand that we see broadly, he said.

A fasterthanexpected recovery in aviation from pandemic lows has lifted results of engine makers as shortages of commercial planes have forced airlines to use old jets for longer, boosting demand for lucrative aftermarket services.

GE39;s aerospace unit, which makes engines for jets of Boeing Co and Airbus, posted doubledigit growth in orders, revenue and operating profit from a year earlier. Its services revenue was up 31 in the second quarter from a year ago. Services accounted for 70 of the unit39;s revenue last year.

The company also reported growth in deliveries of LEAP engines, which it produces in a joint venture with France39;s Safran.

Culp said while supplychain constraints are improving, the company needs to do more to keep up with unprecedented production rampup at Boeing and Airbus. He reaffirmed the company39;s forecast to deliver 1,700 LEAP engine units this year.

GE is also seeing a moderation in cost pressures, he said. Its aerospace unit will carry…