Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Vietjet selects RTX's Pratt & Whitney to power 19 additional A321neo aircraft

RTX

GTF engines selected for follow-on A321neo order

SINGAPORE, Feb. 21, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) - Pratt & Whitney, an RTX (NYSE: RTX) business, and new-age airline Vietjet announced today that the airline has exercised options for an additional 19 firm GTF-powered A321neo aircraft. Pratt & Whitney will also provide Vietjet with engine maintenance through an EngineWise® Comprehensive service agreement. A signing ceremony took place at the Singapore Airshow with representatives from both companies.

Rick Deurloo, president of Commercial Engines at Pratt & Whitney (left) and Dinh Viet Phuong, CEO, Vietjet (right) signing an agreement for RTX’s Pratt & Whitney to provide GTF engines for 19 additional A321neo aircraft for Vietjet.

Vietjet is a rapidly growing airline with an expansive fleet and flight network. Vietjet Chief Executive Officer Dinh Viet Phuong, said. "We continue to select and trust our partner, Pratt & Whitney, as they have long been a world leader in the aviation industry with a solid technology foundation. We are confident about the GTF-powered aircraft that provide fuel efficiency and reduce the environmental impact. Vietjet continues to have trust and faith in the ongoing support provided by Pratt & Whitney."

Vietjet received its first A321neo aircraft in 2018 and currently operates a fleet of 24 GTF-powered A321neo aircraft. Combined with the airline's previous orders, Vietjet has committed to up to 87 aircraft of this type.

"Nearly a decade ago, Vietjet first selected the GTF engine, and we value the airline's continued trust in Pratt & Whitney to power its expanding fleet," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. "GTF engines provide Vietjet with some of the lowest fuel consumption and emissions in the region."

Vietjet is actively expanding its flight network to serve passengers throughout Vietnam, Australia, India, China, Japan, South Korea, Indonesia, Thailand, and many more intercontinental destinations. The airline aims to provide the best flying experience at the most competitive cost for passengers through strategic partnerships with leading aviation and technology partners in the industry worldwide.

About Pratt & Whitney
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. To learn more visit www.prattwhitney.com.

About RTX
RTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $68.9 billion, is headquartered in Arlington, Virginia.

About Vietjet
The new-age carrier Vietjet has not only revolutionized the aviation industry in Vietnam but also been a pioneering airline across the region and around the world. With a focus on cost management ability, effective operations, and performance, applying the latest technology to all activities and leading the trend, Vietjet offers flying opportunities with cost-saving and flexible fares as well as diversified services to meet customers' demands.

Vietjet is a fully-fledged member of International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate. As Vietnam's largest private carrier, the airline has been awarded the highest ranking for safety with 7 stars by the world's only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in many consecutive years. The airline has also been named as Best Low-Cost Carrier by renowned organizations such as Skytrax, CAPA, Airline Ratings, and many others.

Further information at www.vietjetair.com

Media contact:
Vietjet
Kieu Duong (Amy)
E: kieuduong@vietjetair.com
Tel: +84 932 775 066

For questions or to schedule an interview, please contact corporatepr@rtx.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/vietjet-selects-rtxs-pratt--whitney-to-power-19-additional-a321neo-aircraft-302067612.html

SOURCE RTX

Tags:


Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today