Airbus A320neo family

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

Retrieved on: 
Tuesday, March 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.

American Airlines places orders for Airbus, Boeing and Embraer aircraft

Retrieved on: 
Monday, March 4, 2024

American orders 85 Airbus A321neo, 85 Boeing 737 MAX 10 and 90 Embraer E175 aircraft.

Key Points: 
  • American orders 85 Airbus A321neo, 85 Boeing 737 MAX 10 and 90 Embraer E175 aircraft.
  • Narrowbody orders complement existing orders of Boeing 787-9 and Airbus A321XLR long-haul aircraft.
  • FORT WORTH, Texas, March 04, 2024 (GLOBE NEWSWIRE) -- American Airlines today announced orders for 260 new aircraft, including 85 Airbus A321neo, 85 Boeing 737 MAX 10 and 90 Embraer E175 aircraft.
  • As part of the Boeing order, American has upgauged 30 existing 737 MAX 8 orders to 737 MAX 10 aircraft.

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

Retrieved on: 
Monday, March 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

Retrieved on: 
Wednesday, February 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.

Collins Aerospace and HNA Aviation Group enter into MRO agreement

Retrieved on: 
Wednesday, February 21, 2024

SINGAPORE, Feb. 21, 2024 /PRNewswire/ -- Collins Aerospace was selected by HNA Aviation Group to provide nacelle maintenance, repair, and overhaul (MRO) services to the air service providers subsidiaries, including: Beijing Capital Airlines, Tianjin Airlines, West Air, Lucky Air, and Guangxi Beibu Gulf Airlines.

Key Points: 
  • SINGAPORE, Feb. 21, 2024 /PRNewswire/ -- Collins Aerospace was selected by HNA Aviation Group to provide nacelle maintenance, repair, and overhaul (MRO) services to the air service providers subsidiaries, including: Beijing Capital Airlines, Tianjin Airlines, West Air, Lucky Air, and Guangxi Beibu Gulf Airlines.
  • Each 3-year agreement between the HNA Aviation Group airlines and Collins' MRO facility in Tianjin, China, includes preferred nacelle MRO services for A320 and A320neo aircraft including the V2500, CFM56-5B, and Pratt & Whitney 1100G engine variants.
  • "Our team is committed to providing world class support in delivering MRO service on time and on budget, while offering the highest original equipment manufacturing quality standards for the HNA Aviation Group," said Dana Stephenson, vice president of Aftermarket for the Aerostructures business unit at Collins Aerospace.
  • HNA Aviation Group and its subsidiaries are one of China's largest airline groups, offering both domestic and international routes.

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

Retrieved on: 
Wednesday, February 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 to power 15 additional single-aisle aircraft for Cebu Pacific Air

Retrieved on: 
Tuesday, February 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.

Avolon Reports Strong Full Year Results

Retrieved on: 
Thursday, February 8, 2024

*Adjusted EBITDA is a non-GAAP measure.

Key Points: 
  • *Adjusted EBITDA is a non-GAAP measure.
  • Avolon’s Sustainability Report for 2023 is also published today and can be accessed here .
  • Record operating cashflow and a sharp increase in net income are testament to our success in 2023.
  • Against an attractive market backdrop, Avolon has an industry-leading platform and robust balance sheet to drive future earnings growth.”

Grupo Aeroportuario del Pacifico Reports in January 2024 a Passenger Traffic Decrease of 0.6% Compared to 2023

Retrieved on: 
Wednesday, February 7, 2024

The load factors for the month went from 78.8% in January 2023 to 81.4% in January 2024.

Key Points: 
  • The load factors for the month went from 78.8% in January 2023 to 81.4% in January 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.

Frontier Airlines Reports Fourth Quarter 2023 Financial Results

Retrieved on: 
Tuesday, February 6, 2024

During the fourth quarter of 2023, Frontier generated 105 ASMs per gallon, a 3 percent improvement compared to the 2022 quarter.

Key Points: 
  • During the fourth quarter of 2023, Frontier generated 105 ASMs per gallon, a 3 percent improvement compared to the 2022 quarter.
  • Frontier took delivery of four A321neo aircraft during the fourth quarter of 2023, increasing the proportion of the fleet comprised of the more fuel-efficient A320neo family aircraft to 79 percent as of December 31, 2023, the highest of all major U.S. carriers.
  • The A321neo is expected to unlock meaningful scale efficiencies by way of fuel savings and higher average seats per departure.
  • Capacity is anticipated to grow 5 to 7 percent compared to the 2023 quarter.