RTX's Pratt & Whitney GTF™ Engines Surpass 950 Orders and Commitments in 2024
Rhea-AI Summary
RTX's Pratt & Whitney announced over 950 GTF engine orders and commitments in 2024, accumulating over 11,000 orders and commitments globally from more than 90 customers. Major airlines and lessors such as Avolon, Breeze Airways, Cebu Pacific, Icelandair, JetSMART, Mexicana, SKY Airline, SMBC, and Vietjet have placed orders. These orders reflect customer confidence in the GTF engine's economic and environmental benefits, offering up to 20% better fuel efficiency than previous engines. The GTF Advantage engine aims to extend this lead with more thrust and higher durability. Pratt & Whitney remains focused on enhancing fleet management, industrial output, and customer support, contributing to industry sustainability goals.
Positive
- Over 950 GTF engine orders and commitments in 2024.
- More than 11,000 total GTF engine orders from 90+ customers.
- GTF engines offer up to 20% better fuel efficiency.
- Significant environmental impact: saving 1.7 billion gallons of fuel and reducing 17 million metric tons of carbon emissions.
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, RTX declined 0.13%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
More than 11,000 GTF orders and commitments program to date
"These orders demonstrate continued customer confidence in Pratt & Whitney and the value the GTF engine offers with its world-class economic and environmental benefits," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. "The GTF Advantage engine will extend this lead while providing more thrust and higher durability. We remain focused on executing all elements of the GTF fleet management plan including industrial output and material flow, GTF maintenance, repair and overhaul network expansion and ongoing customer support."
The GTF delivers up to
About Pratt & Whitney
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. To learn more visit www.prattwhitney.com.
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
For questions or to schedule an interview, please contact corporatepr@rtx.com.
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SOURCE RTX