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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.

Pratt & Whitney, un'azienda di RTX, ha concluso accordi con Air Niugini per fornire motori GTF per 11 aeromobili Airbus A220. L'accordo include un contratto di supporto post-vendita EngineWise® Comprehensive della durata di 12 anni. Air Niugini, la compagnia aerea nazionale della Papua Nuova Guinea, diventa un nuovo cliente GTF.

I motori GTF offrono capacità di carico e autonomia senza pari, consentendo ad Air Niugini di aprire nuove rotte internazionali beneficiando di un'efficienza del carburante leader del settore. Questa modernizzazione della flotta rivoluzionerà i viaggi per i passeggeri di Air Niugini, riducendo significativamente il consumo di carburante e le emissioni, ampliando le offerte di rotte e migliorando l'esperienza dei passeggeri.

Pratt & Whitney, una empresa de RTX, ha finalizado acuerdos con Air Niugini para proporcionar motores GTF para 11 aeronaves Airbus A220. El acuerdo incluye un contrato de soporte postventa EngineWise® Comprehensive por 12 años. Air Niugini, la aerolínea nacional de Papúa Nueva Guinea, se convierte en un nuevo cliente de GTF.

Los motores GTF ofrecen una capacidad de carga y alcance inigualables, permitiendo a Air Niugini abrir nuevas rutas internacionales mientras se benefician de una eficiencia de combustible líder en la industria. Esta modernización de la flota revolucionará los viajes para los pasajeros de Air Niugini, reduciendo significativamente el consumo de combustible y las emisiones, expandiendo la oferta de rutas y mejorando la experiencia del pasajero.

프랫 앤드 휘트니(Pratt & Whitney), RTX 소속 기업,은 에어 뉴기니(Air Niugini)와 함께 11대의 에어버스 A220 항공기에 GTF 엔진을 제공하기로 최종 계약을 체결했습니다. 이번 계약에는 12년간의 EngineWise® Comprehensive 애프터마켓 지원 계약이 포함됩니다. 파푸아뉴기니의 국가 항공사인 에어 뉴기니는 GTF 최초 고객이 됩니다.

GTF 엔진은 비교할 수 없는 화물 적재 능력과 비행 거리를 제공하여 에어 뉴기니가 새로운 국제 노선을 개설하고 업계 최고의 연료 효율성을 누릴 수 있게 합니다. 이번 항공기 현대화는 여행을 혁신할 것이며, 에어 뉴기니 승객들의 연료 소비와 배출량을 크게 줄이고 노선 폭을 확대하며 승객 경험을 향상시킬 것입니다.

Pratt & Whitney, une entreprise de RTX, a finalisé des accords avec Air Niugini pour fournir des moteurs GTF pour 11 avions Airbus A220. L'accord comprend un contrat de support après-vente EngineWise® Comprehensive de 12 ans. Air Niugini, le transporteur national de Papouasie-Nouvelle-Guinée, devient un nouveau client de GTF.

Les moteurs GTF offrent une capacité de charge et une portée inégalées, permettant à Air Niugini d'ouvrir de nouvelles routes internationales tout en bénéficiant d'une efficacité énergétique de premier plan dans l'industrie. Cette modernisation de la flotte va révolutionner le voyage pour les passagers d'Air Niugini, en réduisant significativement la consommation de carburant et les émissions, tout en élargissant les options de routes et en améliorant l'expérience des passagers.

Pratt & Whitney, ein Unternehmen von RTX, hat Vereinbarungen mit Air Niugini getroffen, um GTF-Triebwerke zur Antriebsversorgung von 11 Airbus A220 Flugzeugen bereitzustellen. Der Vertrag beinhaltet eine 12-jährige EngineWise® Comprehensive Aftermarket-Support-Vereinbarung. Air Niugini, die nationale Fluggesellschaft von Papua-Neuguinea, wird ein erstmaliger GTF-Kunde.

Die GTF-Triebwerke bieten unübertroffene Tragfähigkeit und Reichweite, sodass Air Niugini neue internationale Strecken eröffnen kann und von einer branchenführenden Kraftstoffeffizienz profitiert. Diese Flottenmodernisierung wird das Reisen revolutionieren für die Passagiere von Air Niugini, indem sie den Kraftstoffverbrauch und die Emissionen erheblich reduziert, die Streckenangebote erweitert und das Passagiererlebnis verbessert.

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.

Insights

The deal between Pratt & Whitney and Air Niugini to power 11 Airbus A220 aircraft with GTF engines is a significant step for both companies. For Pratt & Whitney, this contract extends its market reach and brings a new customer under its portfolio. The 12-year EngineWise® Comprehensive agreement indicates recurring revenue through service and maintenance. For RTX shareholders, this deal could translate into stable long-term revenue streams, enhancing the company's financial stability.

Moreover, the GTF engines are known for their fuel efficiency, which can lead to cost savings for Air Niugini. This efficiency not only lowers operational costs but also aligns with the global trend towards sustainable aviation—a factor that may positively influence RTX's stock as environmentally conscious investments gain favor.

This agreement is transformative for Air Niugini, allowing the airline to modernize its fleet with highly efficient engines. The GTF engine's unmatched payload and range capabilities will enable Air Niugini to explore new international routes, which can increase its market share and competitiveness. The focus on reducing fuel consumption and emissions also aligns with global aviation trends, which is a positive indicator for market positioning.

For investors, this move by Air Niugini could signal a robust growth phase for the airline, potentially translating into higher revenue and profitability. In turn, Pratt & Whitney's ability to secure such deals enhances their reputation and market dominance in the aviation engine industry, making RTX a more attractive stock.

The introduction of GTF engines into Air Niugini's fleet marks a important upgrade in aviation technology for the airline. The GTF engines are known for their high efficiency and lower environmental impact, which are critical factors in today's aviation industry. This move can significantly enhance Air Niugini's operational capabilities, making it a more reliable and efficient carrier.

For Pratt & Whitney, securing a 12-year service agreement ensures long-term engagement with Air Niugini, solidifying its market presence. Additionally, as a first-time GTF customer, Air Niugini’s successful integration of these engines could lead to further adoption by other airlines, boosting Pratt & Whitney’s market influence.

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

 

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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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