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.

RTX's Pratt & Whitney GTF(TM) Engines Surpass 950 Orders and Commitments in 2024

RTX

More than 11,000 GTF orders and commitments program to date

LONDON, July 24, 2024 /PRNewswire/ -- Farnborough Air Show – Pratt & Whitney, an RTX (NYSE: RTX) business, announced more than 950 GTF engine orders and commitments since the beginning of 2024. Airlines and lessors that have announced orders include Avolon, Breeze Airways, Cebu Pacific, Icelandair, JetSMART, Mexicana, SKY Airline, SMBC, and Vietjet. In total, more than 11,000 GTF engine orders and commitments have been placed by more than 90 customers worldwide.

"These orders demonstrate continued customer confidence in Pratt & Whitney and the value the GTF engine offers with its world-class economic and environmental benefits," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. "The GTF Advantage engine will extend this lead while providing more thrust and higher durability. We remain focused on executing all elements of the GTF fleet management plan including industrial output and material flow, GTF maintenance, repair and overhaul network expansion and ongoing customer support."

The GTF delivers up to 20% better fuel efficiency than previous generation engines, saving airlines more than 1.7 billion gallons of fuel and the planet over 17 million metric tons of carbon emissions. GTF engines will continue to drive reductions in operating costs, new routes and revenue, and progress towards meeting the industry's sustainability goals. The engine's revolutionary geared fan architecture is the foundation for even more efficient propulsion technologies in the decades ahead.

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
With more than 185,000 global employees, RTX pushes 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, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $69 billion, is headquartered in Arlington, Virginia.

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

Cision View original content:https://www.prnewswire.com/news-releases/rtxs-pratt--whitney-gtf-engines-surpass-950-orders-and-commitments-in-2024-302204877.html

SOURCE RTX

Tags: