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Mar Vista Investment Partners, LLC reported that a broad sell-off in commercial aerospace aftermarket companies weighed on GE Aerospace (NYSE: GE) during the third quarter of 2026.
The investment management firm attributed the decline to rising jet fuel costs driven by the conflict in Iran, which pressured airline profitability and investor sentiment toward maintenance and replacement parts demand.
In its third-quarter 2026 investor letter for the Mar Vista U.S. Quality Strategy, the firm noted that GE Aerospace and TransDigm underperformed as crude oil prices rose more than 40% above year-ago levels.
The letter explained that investors feared higher fuel costs would lead airlines to increase ticket prices, potentially dampening travel demand and reducing service on less profitable routes.
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