RTX's Pratt & Whitney Canada Inks 6-year Fleet Management Deal With TAAG Airlines
(RTTNews) - Pratt & Whitney Canada and TAAG Angola Airlines E.P., Angola's state-owned airline, on Wednesday signed a six-year Fleet Management Program agreement. Pratt & Whitney is an RTX Corp. (RTX) business.
The engine maintenance services cover the airline's PW150A engines which power TAAG's fleet of De Havilland Canada Dash 8-400 regional turboprops. The agreement allows Pratt & Whitney to tailor coverage to meet the airline's operating environment.
The agreement also includes Pratt & Whitney's proprietary oil-analysis technology and its FAST diagnostic and prognostic solution. The solution captures, analyzes and wirelessly sends full-flight data intelligence to the customer within minutes of engine shutdown.
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RTX's Pratt & Whitney Consortium Succeeds In V2500 Engine's Test With 100% SAF
IAE International Aero Engines AG, a consortium comprised of RTX Corp.'s Pratt & Whitney and others, has successfully tested the V2500 engine with 100 percent sustainable aviation fuel or SAF. In a statement, RTX said the V2500 engine, which currently powers the A320ceo family aircraft and the Embraer C-390 Millenium, was tested at MTU Maintenance Hannover, Germany.
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65 days ago
RTX Corp. Guides FY24 Adj. EPS In Line And Sales Below Estimates - Update
While reporting financial results for the fourth quarter on Tuesday, aerospace and defense company RTX Corp. (RTX), previously Raytheon Technologies Corp., initiated its adjusted earnings and sales outlook for the full-year 2024. It also trimmed its adjusted annual sales growth guidance for 2020 to 2025.
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120 days ago
Pratt & Whitney GTF Engines Selected By Viva Aerobus To Power 90 More Airbus A321neo's
Pratt & Whitney, an Raytheon Technologies Corp. (RTX) business, announced Wednesday that Mexican airline Viva Aerobus has selected its GTF engines to power an additional 90 Airbus A321neo firm aircraft orders, the first of which is expected to be delivered in 2027.
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322 days ago
Raytheon Technologies Reaffirms FY23 Outlook - Update
While reporting financial results for the first quarter on Tuesday, aerospace and defense company Raytheon Technologies Corp. (RTX) reaffirmed its adjusted earnings outlook for the full-year 2023.
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393 days ago
Raytheon Technologies Boosts FY22 Adj. EPS Outlook
While reporting financial results for the third quarter on Tuesday, aerospace and defense company Raytheon Technologies Corp. (RTX) raised its adjusted earnings outlook for the full-year 2022, while trimming annual revenue guidance.
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575 days ago
European Stocks Close Lower On Inflation, Interest Rate Concerns
European stocks closed lower on Wednesday, weighed down by data showing a bigger than expected increase in consumer price inflation in the U.K. in the month of April, adding to concerns about the outlook for interest rates, after some hawkish comments from a few Fed officials suggested the U.S. central bank might keep interest rates higher for longer.
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4h 6min ago
TSX Down In Negative Territory As Energy, Materials Shares Lose Ground
The Canadian market, which opened on a weak note Wednesday morning, continues to languish in negative territory, weighed down by losses in materials and energy sectors due to lower commodity prices.
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5h 8min ago
U.S. Existing Home Sales Unexpectedly Extend Pullback In April
Existing home sales in the U.S. unexpectedly saw further downside in the month of April, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales slumped by 1.9 percent to an annual rate of 4.14 million in April after tumbling by 3.7 percent to a revised rate of 4.22 million in March.
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6h 38min ago
