RTX's Pratt & Whitney and Cebu Pacific sign long-term engine maintenance deal

Rhea-AI Summary

RTX's Pratt & Whitney has secured a 12-year EngineWise maintenance services agreement with Cebu Pacific for their GTF engine fleet. The deal covers engines ordered in 2024, including those for up to 152 A321neo aircraft and 15 A320neo family aircraft. The GTF engines deliver up to 20% fuel burn reduction compared to previous generations, offering improved efficiency and lower emissions. The agreement provides Cebu Pacific with comprehensive maintenance support, technical expertise, fleet data, and business intelligence. Currently operating 56 Pratt & Whitney powered aircraft, Cebu Pacific's relationship with the engine manufacturer dates back to the 1990s, starting with JT8D engines for their DC-9 fleet.

Positive

• 12-year comprehensive maintenance agreement provides long-term revenue stability for RTX
• Agreement covers a significant fleet of engines for up to 167 aircraft
• GTF engines deliver up to 20% reduction in fuel burn, improving efficiency and reducing costs
• Strengthens long-standing relationship with major Asian carrier dating back to 1990s

Negative

• None.

News Market Reaction

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+0.53% News Effect

On the day this news was published, RTX gained 0.53%, reflecting a mild positive market reaction.

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GTF maintenance agreement supports airline's long-term fleet plans

PARIS, June 16, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, and Cebu Pacific (CEB) have signed a long-term EngineWise™ comprehensive maintenance services agreement for the airline's GTF engine fleet. This agreement aligns Cebu Pacific's maintenance costs to the utilization of the airline's engines.

"The agreement reflects our ongoing collaboration with Cebu Pacific to optimize the reliability and efficiency of their fleet," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. "It underscores our commitment to enabling our customer's network expansion and growth."

The 12-year agreement provides comprehensive support for the GTF engines Cebu Pacific ordered in 2024. This includes the historic order of engines for up to 152 A321neo aircraft announced in July 2024 along with the engines for the 15 A320neo family aircraft that was announced in February 2024.

Through Pratt & Whitney's fleet management programs, the airline gains access to technical expertise, fleet data, and business intelligence – ensuring greater transparency and predictability in maintenance planning.

"Maintaining the performance and efficiency of our fleet is a top priority," said Mike Szucs, chief executive officer of Cebu Pacific. "The GTF engine has enabled up to 20% reduction in fuel burn compared to previous-generation engines – translating into meaningful savings in fuel efficiency, lower emissions and reduced operating costs. This agreement strengthens our ability to scale sustainably while continuing to deliver on our commitments to passengers."

Currently, Cebu Pacific operates 56 Pratt & Whitney powered aircraft. Prior to GTF engines, Pratt & Whitney supplied JT8D engines for the airline's DC-9 aircraft fleet. Pratt & Whitney and Cebu Pacific's relationship extends back to the 1990s.

About Cebu Pacific
Cebu Pacific is the Philippines' largest carrier both domestically and internationally with 37 domestic destinations, with hubs in Manila, Cebu, Clark, Iloilo, and Davao. It also currently operates flights to 26 international destinations, spanning across Asia, Australia, and the Middle East. Cebu Pacific currently operates a fleet of 98 aircraft—the youngest jet fleet in the Philippines—including a diversified mix of Airbus A320, A321, A330, and ATR aircraft.

For questions or to schedule an interview, please contact
carmina.romero@cebupacificair.com.

About Pratt & Whitney
Pratt & Whitney, an RTX business, is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units for military, commercial and civil aviation customers. Since 1925, our engineers have pioneered the development of revolutionary propulsion technologies, and today we support more than 90,000 engines in service through our global network of maintenance, repair and overhaul facilities.

About RTX
RTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push 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 for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2024 sales of more than $80 billion, is headquartered in Arlington, Virginia.

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

View original content:https://www.prnewswire.com/news-releases/rtxs-pratt--whitney-and-cebu-pacific-sign-long-term-engine-maintenance-deal-302481619.html

SOURCE RTX

FAQ

What is the duration of RTX's maintenance agreement with Cebu Pacific?

The maintenance agreement between RTX's Pratt & Whitney and Cebu Pacific is a 12-year long-term contract.

How many Pratt & Whitney powered aircraft does Cebu Pacific currently operate?

Cebu Pacific currently operates 56 Pratt & Whitney powered aircraft.

What fuel efficiency improvement do the GTF engines offer to Cebu Pacific?

The GTF engines provide up to 20% reduction in fuel burn compared to previous-generation engines.

How many A321neo aircraft are covered in the 2024 engine order for Cebu Pacific?

The agreement covers engines for up to 152 A321neo aircraft ordered in July 2024, plus engines for 15 A320neo family aircraft ordered in February 2024.

What services are included in the RTX EngineWise maintenance agreement?

The agreement includes comprehensive maintenance support, technical expertise, fleet data access, and business intelligence services.