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RTX's Pratt & Whitney GTF™ engines to power 11 Airbus A220 aircraft for Air Niugini

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Pratt & Whitney, an RTX business, has finalized agreements with Air Niugini for GTF engines to power 11 Airbus A220 aircraft. The deal includes a 12-year EngineWise® Comprehensive aftermarket support agreement. Air Niugini, the national carrier of Papua New Guinea, becomes a first-time GTF customer.

The GTF engines offer unmatched payload and range, enabling Air Niugini to open new international routes while benefiting from industry-leading fuel efficiency. This fleet modernization will revolutionize travel for Air Niugini passengers, significantly reducing fuel consumption and emissions while expanding route offerings and enhancing passenger experience.

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Positive

  • Secured engine and aftermarket agreements for 11 Airbus A220 aircraft
  • 12-year EngineWise® Comprehensive support agreement included
  • Potential for expanded international routes due to GTF engine capabilities
  • Expected reduction in fuel consumption and emissions

Negative

  • None.

News Market Reaction

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-0.13% News Effect

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.

National airline of Papua New Guinea is a first-time GTF customer

LONDON, July 24, 2024 /PRNewswire/ -- Farnborough Air Show -- Pratt & Whitney, an RTX (NYSE: RTX) business, and Air Niugini have finalized engine and aftermarket agreements for the GTF engines that will power the airline's fleet of 11 Airbus A220 aircraft. Pratt & Whitney will provide a full suite of support services with a 12-year EngineWise® Comprehensive agreement. With this order, Air Niugini becomes a first-time GTF customer.

"GTF engines offer unmatched payload and range, enabling Air Niugini to open new routes internationally, while benefitting from industry-leading fuel efficiency, and we look forward to supporting the airline's fleet in the years ahead," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney.

"This is an exciting time for Air Niugini as we modernize our fleet," said Gary Seddon, chief executive officer of Air Niugini. "By upgrading next-generation aircraft with the most efficient engines, this will revolutionize travel for our passengers, ensuring significant reduction in fuel consumption and emissions, while expanding our route offerings and enhancing passenger experience."

Air Niugini is the national carrier of Papua New Guinea based in the capital Port Moresby. It operates an extensive domestic network as well as internationally to Australia, Asia and the Pacific. The airline's new fleet will deliver more capacity and greater reliability throughout its network.

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 $69 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com

 

Cision View original content:https://www.prnewswire.com/news-releases/rtxs-pratt--whitney-gtf-engines-to-power-11-airbus-a220-aircraft-for-air-niugini-302204811.html

SOURCE RTX

FAQ

How many Airbus A220 aircraft will RTX's Pratt & Whitney GTF engines power for Air Niugini?

RTX's Pratt & Whitney GTF engines will power 11 Airbus A220 aircraft for Air Niugini.

What type of aftermarket agreement did RTX's Pratt & Whitney sign with Air Niugini?

RTX's Pratt & Whitney signed a 12-year EngineWise® Comprehensive aftermarket agreement with Air Niugini.

What are the main benefits of GTF engines for Air Niugini according to the press release?

According to the press release, GTF engines offer Air Niugini unmatched payload and range, enabling new international routes, industry-leading fuel efficiency, reduced fuel consumption and emissions, and enhanced passenger experience.

When was the agreement between RTX's Pratt & Whitney and Air Niugini announced?

The agreement between RTX's Pratt & Whitney and Air Niugini was announced on July 24, 2024, at the Farnborough Air Show.
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