Total orders surged 87% year-over-year in the first quarter, driven by a near-doubling of Commercial Engines & Services (CES).
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While revenue is growing, operating margins saw a slight year-over-year contraction (from 21.6% to 19.1% in Q1) due to a higher mix of installed engine sales versus aftermarket services. Total orders surged 87% year-over-year in the first