Willis Lease Finance Corporation Invests in the Future with the Purchase of Nine Advanced GTF Engines, Powering the Latest Technology AIRBUS A320 Family in 2024
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Willis Lease Finance Corporation (WLFC) has announced the purchase of nine advanced GTF engines from Pratt & Whitney, valued at $200 million, to power the latest Airbus A320 family in 2024. This move aims to enhance fuel efficiency and support sustainable aviation fuel usage.
December 19, 2024 | 7:00 pm
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Pratt & Whitney, a business of RTX, is supplying nine advanced GTF engines to WLFC, valued at $200 million. This deal highlights the demand for Pratt & Whitney's fuel-efficient and sustainable aviation technology.
The transaction with WLFC underscores the demand for Pratt & Whitney's advanced GTF engines, which could positively impact RTX's reputation and sales in the sustainable aviation sector.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Willis Lease Finance Corporation is investing $200 million in nine advanced GTF engines from Pratt & Whitney, enhancing its portfolio with more fuel-efficient and sustainable options for the Airbus A320 family.
The purchase of advanced GTF engines positions WLFC to offer more efficient and sustainable options, likely increasing demand for their leasing services. This strategic investment aligns with industry trends towards sustainability, potentially boosting WLFC's market position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90