RTX's Pratt & Whitney Canada To Maintain PW980 Auxiliary Power Units For Emirates' Airbus A380 Aircraft
Portfolio Pulse from Benzinga Newsdesk
Pratt & Whitney Canada, a division of Raytheon Technologies (RTX), has secured a maintenance contract for the PW980 Auxiliary Power Units (APUs) of Emirates' Airbus A380 fleet. This deal reinforces RTX's position in the aviation maintenance sector and its relationship with Emirates.
November 15, 2023 | 8:23 am
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Raytheon Technologies (RTX) through its Pratt & Whitney Canada unit has obtained a maintenance contract for Emirates' Airbus A380 APUs, which may lead to increased revenue and strengthened market presence in aviation services.
The maintenance contract for the PW980 APUs is directly related to RTX's Pratt & Whitney Canada division, likely resulting in increased revenue from the services provided. This contract could also enhance RTX's reputation in the aviation maintenance industry and may lead to future contracts, positively impacting the stock in the short term.
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