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SKY Airline selects RTX's Pratt & Whitney GTF™ engine to power up to 39 Airbus A320neo family aircraft

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Chilean-based SKY Airline has chosen Pratt & Whitney's GTF engine to power up to 39 Airbus A320neo family aircraft, becoming a first-time Pratt & Whitney customer. The agreement includes 10 firm A321XLR aircraft and options for 29 A320neo and A321neo aircraft. Pratt & Whitney, an RTX (NYSE: RTX) business, will provide long-term maintenance services through an EngineWise™ Comprehensive service agreement.

SKY Airline, founded in 2001, is a low-cost carrier operating a modern fleet of Airbus A320/A321neo aircraft. The airline flies to over 40 domestic and international routes in the Americas through its subsidiaries in Chile and Peru. In June 2024, SKY was named 'The best low-cost airline in South America' by SKYTRAX for the fourth time.

L'azienda cilena SKY Airline ha scelto il motore GTF di Pratt & Whitney per alimentare fino a 39 aerei della famiglia Airbus A320neo, diventando così un cliente per la prima volta di Pratt & Whitney. L'accordo include 10 aerei A321XLR firmati e opzioni per 29 aerei A320neo e A321neo. Pratt & Whitney, un'azienda di RTX (NYSE: RTX), fornirà servizi di manutenzione a lungo termine attraverso un accordo di servizio completo EngineWise™.

Fondata nel 2001, SKY Airline è una compagnia aerea low-cost che opera con una moderna flotta di aerei Airbus A320/A321neo. La compagnia serve oltre 40 rotte nazionali e internazionali nelle Americhe attraverso le sue filiali in Cile e Peru. Nel giugno 2024, SKY è stata nominata 'La migliore compagnia aerea low-cost del Sud America' da SKYTRAX per la quarta volta.

La aerolínea chilena SKY Airline ha elegido el motor GTF de Pratt & Whitney para impulsar hasta 39 aviones de la familia Airbus A320neo, convirtiéndose en cliente de Pratt & Whitney por primera vez. El acuerdo incluye 10 aviones A321XLR firmados y opciones para 29 aviones A320neo y A321neo. Pratt & Whitney, un negocio de RTX (NYSE: RTX), proporcionará servicios de mantenimiento a largo plazo a través de un acuerdo de servicio integral EngineWise™.

Fundada en 2001, SKY Airline es una aerolínea de bajo costo que opera una flota moderna de aviones Airbus A320/A321neo. La aerolínea vuela a más de 40 rutas nacionales e internacionales en las Américas a través de sus filiales en Chile y Perú. En junio de 2024, SKY fue nombrada 'La mejor aerolínea de bajo costo en América del Sur' por SKYTRAX por cuarta vez.

칠레 기반의 SKY 항공사프랫 앤 휘트니의 GTF 엔진을 선택하여 최대 39대의 에어버스 A320neo 패밀리 항공기를 운영하게 되며, 프랫 앤 휘트니의 첫 고객이 되었습니다. 이 계약에는 10대의 확정 A321XLR 항공기와 29대의 A320neo 및 A321neo 항공기에 대한 옵션이 포함되어 있습니다. 프랫 앤 휘트니는 RTX (NYSE: RTX)의 사업체로, EngineWise™ 종합 서비스 계약을 통해 장기 유지보수 서비스를 제공합니다.

2001년에 설립된 SKY 항공사는 현대적인 Airbus A320/A321neo 항공기를 운영하는 저비용 항공사입니다. 이 항공사는 칠레와 페루의 자회사를 통해 아메리카의 40개 이상의 국내 및 국제 노선에 운항합니다. 2024년 6월, SKY는 SKYTRAX에서 '남미 최고의 저비용 항공사'로 네 번째 선정되었습니다.

La compagnie chilienne SKY Airline a choisi le moteur GTF de Pratt & Whitney pour propulser jusqu'à 39 avions de la famille Airbus A320neo, devenant ainsi un client de Pratt & Whitney pour la première fois. L'accord comprend 10 A321XLR en commande ferme et des options pour 29 A320neo et A321neo. Pratt & Whitney, une entreprise de RTX (NYSE: RTX), fournira des services de maintenance à long terme grâce à un contrat de service complet EngineWise™.

Fondée en 2001, SKY Airline est une compagnie aérienne à bas coût exploitant une flotte moderne d'Airbus A320/A321neo. La compagnie dessert plus de 40 routes nationales et internationales en Amérique grâce à ses filiales au Chili et au Pérou. En juin 2024, SKY a été désignée 'Meilleure compagnie aérienne à bas coût d'Amérique du Sud' par SKYTRAX pour la quatrième fois.

Die in Chile ansässige SKY Airline hat sich für den GTF-Triebwerk von Pratt & Whitney entschieden, um bis zu 39 Flugzeuge der Airbus A320neo-Familie anzutreiben, und wird damit erstmals Kunde von Pratt & Whitney. Der Vertrag umfasst 10 fest bestellte A321XLR-Flugzeuge sowie Optionen für 29 A320neo- und A321neo-Flugzeuge. Pratt & Whitney, ein Unternehmen von RTX (NYSE: RTX), wird langfristige Wartungsdienste im Rahmen eines EngineWise™-Gesamtservicevertrags bereitstellen.

Die 2001 gegründete SKY Airline ist eine Low-Cost-Airline, die mit einer modernen Flotte von Airbus A320/A321neo-Flugzeugen operiert. Die Airline bedient über 40 nationale und internationale Strecken in Amerika durch ihre Tochtergesellschaften in Chile und Peru. Im Juni 2024 wurde SKY zum vierten Mal von SKYTRAX zur 'Besten Low-Cost-Airline in Südamerika' ernannt.

Positive
  • SKY Airline selects GTF engine for up to 39 Airbus A320neo family aircraft
  • Agreement includes 10 firm A321XLR aircraft and options for 29 A320neo and A321neo aircraft
  • Pratt & Whitney gains a new customer in SKY Airline
  • Long-term maintenance services to be provided through EngineWise™ Comprehensive service agreement
  • SKY Airline has doubled revenues compared to pre-COVID levels
Negative
  • None.

Insights

Pratt & Whitney's agreement with SKY Airline marks a significant milestone for both companies. For Pratt & Whitney, signing a new customer like SKY Airline is a strategic win, especially given the competitive landscape for aircraft engines. This deal not only strengthens Pratt & Whitney's market position but also promises steady revenue from both the sale of engines and the long-term maintenance services under the EngineWise™ Comprehensive service agreement.

For SKY Airline, this move is beneficial as it supports their aggressive growth strategy. The GTF engine's fuel efficiency and low CO2 emissions could result in operational cost savings and align well with environmental regulations. This decision also indicates a long-term commitment to a sustainable fleet, potentially making SKY more attractive to eco-conscious travelers and stakeholders.

The Pratt & Whitney GTF engine is known for its advanced technology, which offers improved fuel efficiency and reduced emissions. This technical leap is important for airlines like SKY, which aim to balance operational efficiency with environmental sustainability. The GTF engine’s superior performance can lead to lower operating costs over time, which is vital for a low-cost carrier. Additionally, the reliability of these engines can minimize downtime, further enhancing operational efficiency.

Choosing a cutting-edge engine also positions SKY as a forward-looking airline committed to adopting the latest technology. This could serve as a competitive advantage in the industry, potentially attracting more passengers who prioritize sustainability and modernity in air travel.

The decision by SKY Airline to select Pratt & Whitney's GTF engine is a strong signal to the market about the airline's future direction. This choice reflects SKY’s commitment to expanding its route network with a focus on cost efficiency and sustainability. By becoming the first airline in Latin America to introduce the XLR aircraft, SKY is not just expanding its fleet but also setting a new benchmark in the regional aviation market.

From a market perspective, this move could drive competitive pressure on other airlines in the region to modernize their fleets. The deal could also impact future market dynamics, potentially leading to more partnerships or competitive responses from other engine manufacturers. The focus on fuel efficiency and low emissions aligns well with global trends towards greener aviation, positioning SKY favorably in the eyes of environmental advocates and customers alike.

SKY becomes first-time Pratt & Whitney customer 

LONDON, July 23, 2024 /PRNewswire/ -- Farnborough Air Show – Pratt & Whitney, an RTX (NYSE: RTX) business, announced today that Chilean-based SKY Airline has entered into a memorandum of understanding to select the GTF engine to power 10 firm Airbus A321XLR aircraft, with options for 29 Airbus A320neo and A321neo aircraft. With this selection, SKY Airline becomes a first-time Pratt & Whitney customer.

"This selection is a testament to SKY Airline's confidence in the GTF engine over the long term," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. "These engines and aircraft will enable SKY to continue its route expansion while delivering industry-leading fuel efficiency and low CO2 emissions."

Pratt & Whitney plans to provide long-term maintenance services via an EngineWise™ Comprehensive service agreement.

Founded in Chile in 2001, SKY is a low-cost airline that operates a modern fleet of Airbus A320/A321neo aircraft, becoming the first full neo-operator worldwide, and flying to more than 40 domestic and international routes in the Americas through its subsidiaries in Chile and Peru. In June 2024, SKY was awarded as "The best low-cost airline in South America" by SKYTRAX, for the fourth time.

"SKY has doubled revenues compared to pre-COVID and plans to continue this successful growth path for the next six years, including expanding our valuable low-cost model to the long range markets, becoming the first airline to introduce the XLR aircraft in Latin America," said Juan Pablo Latorre, chief financial officer, SKY Airline. "As we continue to grow, SKY remains focused on making travel accessible, affordable and sustainable. The A320neo family aircraft powered by GTF engines will provide both environmental and economic advantages."

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

What engine did SKY Airline select for its Airbus A320neo family aircraft?

SKY Airline selected Pratt & Whitney's GTF engine to power up to 39 Airbus A320neo family aircraft.

How many firm A321XLR aircraft did SKY Airline order with RTX's Pratt & Whitney GTF engines?

SKY Airline entered into a memorandum of understanding for 10 firm Airbus A321XLR aircraft powered by Pratt & Whitney GTF engines.

What type of service agreement will Pratt & Whitney provide to SKY Airline?

Pratt & Whitney plans to provide long-term maintenance services to SKY Airline via an EngineWise™ Comprehensive service agreement.

When was SKY Airline awarded 'The best low-cost airline in South America' by SKYTRAX?

SKY Airline was awarded 'The best low-cost airline in South America' by SKYTRAX in June 2024, for the fourth time.

How has SKY Airline's revenue changed compared to pre-COVID levels?

According to the press release, SKY Airline has doubled its revenues compared to pre-COVID levels.

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