Pratt & Whitney

Grupo Aeroportuario del Pacifico Reports in February 2024 A Passenger Traffic Increase of 1.7% Compared to 2023

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火曜日, 3月 5, 2024

The load factors for the month went from 78.3% in February 2023 to 81.7% in February 2024.

Key Points: 
  • The load factors for the month went from 78.3% in February 2023 to 81.7% in February 2024.
  • Grupo Aeroportuario del Pacífico, S.A.B.
  • The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements.
  • The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors.

Volaris Reports Financial Results for the Fourth Quarter 2023: Net Income of USD $112 million

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月曜日, 2月 26, 2024

Total operating expenses in the quarter were $735 million, representing 82% of total operating revenue, compared to 93% in the fourth quarter of 2022.

Key Points: 
  • Total operating expenses in the quarter were $735 million, representing 82% of total operating revenue, compared to 93% in the fourth quarter of 2022.
  • Income tax expense for the quarter was $17 million, compared to $44 million registered in the same period of 2022.
  • Net cash flow provided by operating activities was $730 million, while cash used in investing and
    financing activities were $462 million and $214 million, respectively.
  • The financial debt amounted to $653 million, while total lease liabilities stood at $2,906 million, bringing the net debt to $2,770 million.

Icelandair selects RTX's Pratt & Whitney GTF™ engines to power up to 35 Airbus A320neo family aircraft

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月曜日, 3月 4, 2024

EAST HARTFORD, Conn., March 4, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that Icelandair has selected GTF engines to power up to 35 new Airbus A320neo family aircraft, comprising a mix of leased and purchased A321XLR and A321LR aircraft. With this order, Icelandair becomes a first-time GTF customer. The airline has also selected an EngineWise® agreement for the long-term maintenance, repair and overhaul of its GTF engines. Pratt & Whitney will provide support to facilitate smooth entry into service and long-term operation of the engines.

Key Points: 
  • EAST HARTFORD, Conn., March 4, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that Icelandair has selected GTF engines to power up to 35 new Airbus A320neo family aircraft, comprising a mix of leased and purchased A321XLR and A321LR aircraft.
  • Pratt & Whitney will provide support to facilitate smooth entry into service and long-term operation of the engines.
  • "With these GTF-powered A321XLR and A321LR aircraft, Icelandair and Pratt & Whitney are renewing a relationship, which started more than 80 years ago," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney.
  • Icelandair currently operates DHC Dash 8 aircraft powered by Pratt & Whitney Canada PW100 and PW150 engines.

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

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水曜日, 2月 21, 2024

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.

Key Points: 
  • 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.
  • Vietjet received its first A321neo aircraft in 2018 and currently operates a fleet of 24 GTF-powered A321neo aircraft.
  • "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.

JetSMART selects RTX's Pratt & Whitney GTF™ engines to power an additional 35 Airbus A320neo family aircraft

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水曜日, 2月 21, 2024

SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that JetSMART has selected GTF engines to power an additional 35 Airbus A320neo family aircraft, including nine A321XLR aircraft. Pratt & Whitney will also provide JetSMART with GTF engine maintenance through an EngineWise® Comprehensive service agreement. 

Key Points: 
  • SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced that JetSMART has selected GTF engines to power an additional 35 Airbus A320neo family aircraft, including nine A321XLR aircraft.
  • JetSMART, an ultra low-cost carrier (ULCC), selected the GTF engine to power 70 A320neo family aircraft in June 2019.
  • The airline also operates an additional 15 leased GTF powered A320neo family aircraft and a fleet of 11 A320ceo family aircraft powered by the V2500® engine.
  • JetSMART has also concluded a support package with Pratt & Whitney for inspections of GTF engines, further strengthening the relationship as strategic partners.

RTX's Pratt & Whitney ramps up aftermarket repair industrialization for GTF components in Singapore

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水曜日, 2月 21, 2024

SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced it is ramping up the industrialization of repairs for certain components of Pratt & Whitney GTF™ engines across its Singapore-based maintenance repair and overhaul (MRO) facilities, including Component Aerospace Singapore, Pratt & Whitney Component Solutions, and Turbine Overhaul Services.  

Key Points: 
  • SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced it is ramping up the industrialization of repairs for certain components of Pratt & Whitney GTF™ engines across its Singapore-based maintenance repair and overhaul (MRO) facilities, including Component Aerospace Singapore, Pratt & Whitney Component Solutions, and Turbine Overhaul Services.
  • Repair industrialization at these three facilities has been achieved for 33 components, including seal assemblies, high pressure compressor stator segments and vanes, and combustion chambers.
  • Leveraging this synergy, Pratt & Whitney will extend the repair offerings developed in Singapore across the GTF MRO network.
  • Pratt & Whitney currently has 30 GTF customers with over 600 GTF-powered aircraft in the region.

RTX's Pratt & Whitney to power 15 additional single-aisle aircraft for Cebu Pacific Air

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火曜日, 2月 20, 2024

SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, was selected by Cebu Pacific Air (Cebu Pacific) to provide GTF engines to power an additional 10 A321neo and five A320neo aircraft. Pratt & Whitney will also provide Cebu Pacific with GTF engine maintenance through an EngineWise® Comprehensive service agreement.

Key Points: 
  • SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, was selected by Cebu Pacific Air (Cebu Pacific) to provide GTF engines to power an additional 10 A321neo and five A320neo aircraft.
  • Pratt & Whitney will also provide Cebu Pacific with GTF engine maintenance through an EngineWise® Comprehensive service agreement.
  • "Pratt & Whitney has been providing GTF power to Cebu Pacific since 2019," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney.
  • Prior to providing GTF power, Pratt & Whitney supplied JT8D engines for the airline's DC-9 aircraft.

RTX's Pratt & Whitney Canada adds helicopter engine overhaul capability at Singapore facility

Retrieved on: 
火曜日, 2月 20, 2024

SINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) -- Pratt & Whitney Canada announced today it will expand its maintenance, repair and overhaul (MRO) capabilities by creating a new overhaul line in Singapore for its PT6C-67C engines, which power the Leonardo AW139 medium-twin helicopter. Pratt & Whitney is an RTX (NYSE: RTX) business.

Key Points: 
  • SINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) -- Pratt & Whitney Canada announced today it will expand its maintenance, repair and overhaul (MRO) capabilities by creating a new overhaul line in Singapore for its PT6C-67C engines, which power the Leonardo AW139 medium-twin helicopter.
  • "Our Singapore facility provides a variety of comprehensive service solutions and MRO capabilities for customers in the Asia-Pacific," said Irene Makris, vice president, Customer Service, Pratt & Whitney Canada.
  • Since its founding in 1983, the Singapore facility has grown into a central hub for all Pratt & Whitney Canada engine operators in the region which includes Australia and New Zealand.
  • There are currently over 10,000 Pratt & Whitney Canada engines in service across the Asia-Pacific region, powering approximately 6,500 aircraft flown by 1,400 customers.

RTX's Pratt & Whitney announces further capacity expansion at Singapore Manufacturing Facility

Retrieved on: 
火曜日, 2月 20, 2024

SINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced a $20 million investment to grow its manufacturing capacity in Singapore for the production of Pratt & Whitney GTF™ engine high pressure turbine (HPT) disks. The capacity expansion is expected to increase the facility's workforce by more than 10% over the next two years.

Key Points: 
  • SINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (Singapore Airshow) -- Pratt & Whitney, an RTX (NYSE: RTX) business, today announced a $20 million investment to grow its manufacturing capacity in Singapore for the production of Pratt & Whitney GTF™ engine high pressure turbine (HPT) disks.
  • The capacity expansion is expected to increase the facility's workforce by more than 10% over the next two years.
  • Pratt & Whitney's Singapore facility currently produces 2,400 turbine disks annually, and the expansion is expected to increase annual output yield of the disks by approximately 45% by January 2026.
  • The Singapore facility, a joint venture between Pratt & Whitney and Hanwha Aerospace Co., Ltd., is the second Pratt & Whitney fan blade and HPT disk production facility in the world, playing a critical role in supporting customer needs in Asia Pacific and beyond.

RTX's Pratt & Whitney Opens Expansion Site at Eagle Services Asia Facility in Singapore

Retrieved on: 
月曜日, 2月 19, 2024

SINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced the official opening of a 48,000 square-foot expansion of its Singapore based engine center, Eagle Services Asia (ESA).

Key Points: 
  • SINGAPORE, Feb. 19, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced the official opening of a 48,000 square-foot expansion of its Singapore based engine center, Eagle Services Asia (ESA).
  • ESA, a joint venture between SIA Engineering Company and Pratt & Whitney, is a member of the Pratt & Whitney GTF™ MRO network.
  • In 2023, Pratt & Whitney announced three GTF MRO facility expansions and six shop activations to support the growing GTF fleet.
  • The GTF MRO network is part of Pratt & Whitney EngineWise® solutions, which provide operators with a full range of aftermarket services resulting in long-term, sustainable value.