RTX's Collins Aerospace inks 787 MRO award with Air Europa
Rhea-AI Summary
Collins Aerospace, an RTX business, has signed a 10-year contract with Air Europa for comprehensive maintenance, repair and overhaul (MRO) services for their 787 aircraft fleet. The agreement includes onsite support for multiple 787 systems through Collins' FlightSense® and DispatchSM programs, along with predictive health maintenance via the Ascentia® software platform. Collins will expand its 787 spares pool in Europe, adding to its existing network in Atlanta, Dubai, Singapore, Toulouse, Venlo and Wichita. The services aim to optimize fleet performance while reducing repair time and costs.
Positive
- Secured long-term 10-year MRO contract with Air Europa
- Expansion of European 787 spares pool strengthening global support network
- Implementation of data-driven maintenance solutions through Ascentia platform
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, RTX gained 1.34%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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About Collins Aerospace
Collins Aerospace, an RTX business, is a leader in integrated and intelligent solutions for the global aerospace and defense industry. Our 80,000 employees are dedicated to delivering future-focused technologies to advance sustainable and connected aviation, passenger safety and comfort, mission success, space exploration and more.
About RTX
With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of
About Air Europa
Flying since 1986, Air Europa is a Spanish airline and a member of the SkyTeam alliance. The company's fleet of 53 aircraft is one of the most modern and sustainable in the industry, consisting of Boeing 787 Dreamliner and Boeing 737 aircrafts that guarantee maximum efficiency and comfort for its passengers. Air Europa flies to more than 55 destinations around the world and has a strategic position in the Adolfo Suárez Madrid-Barajas airport hub, connecting
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SOURCE RTX