Pratt & Whitney News

FlightGlobal • Pilar Wolfsteller

Air Transat Reports Q3 Loss Amid Engine Issues and Lower Revenue

Air Transat reported third-quarter revenues of C$736.2 million, a 1.4% decline from the previous year, and a net loss of C$39.3 million. The carrier was affected by Pratt & Whitney engine availability issues and lower yields, though leisure travel demand remains robust.

2024-09-12T07:01:39.535477-07:00

Reuters

RTX Focuses on Streamlining Over Major Mergers

2024-09-11T11:51:05.377165-07:00

Wall Street Journal

Airbus A220 Faces New Challenges Amid Ongoing Engine Troubles

2024-09-10T04:07:27.492770-07:00

insidedefense.com

RTX Settles $200M Fine for Export Violations Involving China, Iran, and Russia

2024-08-30T11:01:08.681653-07:00

Pratt & Whitney News Timeline

FlightGlobal

Air Transat Reports Q3 Loss Amid Engine Issues and Lower Revenue Air Transat reported third-quarter revenues of C$736.2 million, a 1.4% decline from the previous year, and a net loss of C$39.3 million. The carrier was affected by Pratt & Whitney engine availability issues and lower yields, though leisure travel demand remains robust.

2024-09-12T07:01:39.535477-07:00

Air Transat Reports Q3 Loss Amid Engine Issues and Lower Revenue

Reuters

RTX Focuses on Streamlining Over Major Mergers CEO Christopher Calio highlighted RTX's strategy to optimize existing businesses rather than pursue major mergers. This approach includes collaborations with Boeing on production rates amid the Boeing 737 MAX challenges, following the divestment of the Goodrich Hoist and Winch business.

2024-09-11T11:51:05.377165-07:00

RTX Focuses on Streamlining Over Major Mergers

Wall Street Journal

Airbus A220 Faces New Challenges Amid Ongoing Engine Troubles The Airbus A220 continues to encounter significant engine problems, affecting its potential to transform the regional and short-haul travel market. These challenges could impact the jet's reputation and future sales, placing pressure on Airbus to address the issues promptly.

2024-09-10T04:07:27.492770-07:00

Airbus A220 Faces New Challenges Amid Ongoing Engine Troubles

Breaking Defense

Pratt & Whitney Proposes F100 Engine for Poland's F-15EX Fleet Pratt & Whitney's F100 engine, deemed 'low risk,' requires minimal flight testing for integration into Poland's potential F-15EX acquisition, ensuring no schedule delays, states Josh Goodman, senior program director.

2024-09-03T10:00:01.887124-07:00

Pratt & Whitney Proposes F100 Engine for Poland's F-15EX Fleet

Bloomberg Law

RTX Settles Aerospace Engineer No-Poach Lawsuit RTX Corp., including its Pratt & Whitney division, has settled allegations of an anti-poaching agreement with other aerospace firms. The settlement details remain undisclosed following an August 30 filing in U.S. District Court, Connecticut. This move resolves antitrust claims against the defense contractor.

2024-09-03T08:39:05.547794-07:00

RTX Settles Aerospace Engineer No-Poach Lawsuit

insidedefense.com

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RTX Settles $200M Fine for Export Violations Involving China, Iran, and Russia RTX Corp. has agreed to pay a $200 million fine to the State Department to settle allegations of ITAR export violations related to the unauthorized transfer of sensitive defense technologies to countries including China, Iran, and Russia. The case involved technical data linked to U.S. military aircraft.

2024-08-30T11:01:08.681653-07:00

RTX Settles $200M Fine for Export Violations Involving China, Iran, and Russia

Reuters

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Air New Zealand Reports 61% Profit Drop Amid Competition, Engine Issues Air New Zealand's annual profit plunged by 61%, driven by fierce competition, ongoing inflation, and engine maintenance woes from Pratt & Whitney. These challenges, coupled with a weakened domestic market, have led to reduced earnings, prompting the carrier to expect continued difficulties in the upcoming financial year.

2024-08-28T14:21:22.089262-07:00

Air New Zealand Reports 61% Profit Drop Amid Competition, Engine Issues

Breitflyte

ATR Reaches 1,700th Delivery Milestone with Air Corsica's Latest ATR 72-600 ATR, the leading regional aircraft manufacturer, delivers its 1,700th aircraft to Air Corsica, completing the airline's fleet transition to the latest-generation ATR 72-600s. This marks a significant milestone for ATR's continuing partnership with long-term customer Air Corsica.

2024-08-27T04:52:29.608163-07:00

ATR Reaches 1,700th Delivery Milestone with Air Corsica's Latest ATR 72-600

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