New Delhi, April 21 -- GE Aerospace shares dropped nearly 6% on Tuesday as the engine manufacturer highlighted a challenging economic landscape defined by high oil prices, fuel shortages, and decelerating global growth. Despite these headwinds, the firm noted it remains on track to reach the upper limit of its 2026 earnings projections.

The company's warning follows a surge in jet fuel costs sparked by the conflict with Iran, creating a new stress test for airlines-GE's primary clientele-by tightening margins and forcing capacity reductions in specific markets.

While GE maintains an adjusted profit forecast of $7.10 to $7.40 per share for 2026, its current models assume Brent crude prices will stay high through the third quarter before ...