SMBC Aviation Capital Orders 22 More Pratt & Whitney GTF-Powered A320neo Aircraft
Portfolio Pulse from Benzinga Newsdesk
SMBC Aviation Capital has ordered 22 more Pratt & Whitney GTF-powered A320neo aircraft, adding to a previous commitment, bringing the total to 42 firm orders. This strengthens the relationship between SMBC Aviation Capital and Pratt & Whitney, a business unit of RTX (NYSE:RTX).
July 22, 2024 | 11:40 am
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SMBC Aviation Capital's order of 22 more Pratt & Whitney GTF-powered A320neo aircraft, a business unit of RTX, strengthens their partnership and boosts RTX's business outlook.
The additional order of 22 aircraft indicates strong demand for Pratt & Whitney's GTF engines, which is positive for RTX's revenue and business outlook. This strengthens the partnership between SMBC Aviation Capital and RTX, likely leading to further business opportunities.
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