RTX's Pratt & Whitney And SR Technics Announce First GTF Engine Induction
Portfolio Pulse from Benzinga Newsdesk
Pratt & Whitney, a business unit of RTX, and SR Technics have announced the induction of the first Pratt & Whitney GTF engine at SR Technics' Zurich facility. This makes it the 17th active facility in the GTF MRO network, providing full disassembly, assembly, and test capabilities for the PW1100G-JM engine used in the Airbus A320neo aircraft family.
July 19, 2024 | 12:21 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Pratt & Whitney, an RTX business, and SR Technics have inducted the first GTF engine at SR Technics' Zurich facility, expanding the GTF MRO network to 17 active facilities. This development enhances RTX's service capabilities for the PW1100G-JM engine used in the Airbus A320neo aircraft family.
The induction of the first GTF engine at SR Technics' Zurich facility signifies an expansion of RTX's maintenance, repair, and overhaul (MRO) capabilities. This is likely to enhance RTX's service offerings and potentially increase revenue from the GTF engine program, positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100