Volaris Exec Says Expects To Reach Agreement With Pratt & Whitney On First Batch Of Motor Inspections In Next Month; Expects Additional Inspections Required Into 2024 And 2025; Does Not Expect To Have Clarity On Long-Term Impact Until Q1 2024
Portfolio Pulse from Benzinga Newsdesk
Volaris executive anticipates reaching an agreement with Pratt & Whitney on the first batch of motor inspections within the next month. Additional inspections are expected to be required into 2024 and 2025. Clarity on the long-term impact is not expected until Q1 2024.
October 25, 2023 | 3:45 pm
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Pratt & Whitney, a division of Raytheon Technologies (RTX), is expected to reach an agreement with Volaris on motor inspections. The long-term impact of these inspections is unclear until Q1 2024.
The news directly involves Pratt & Whitney, a division of Raytheon Technologies (RTX). The agreement on motor inspections could potentially affect the company's operations and financials. However, the long-term impact is unclear until Q1 2024, which introduces uncertainty.
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