TAAG Angola’s Eduardo Fairen on growth, divestiture
Flag carrier TAAG Angola will add a pair of 737s to the fleet during the first half of October. This is to hedge against a possible delay in deliveries of the A220s it has on order . “We expect…
Tag GTF
Air Transat reports first profit since 2019 – expects limited effects GTF issues
Transat AT, the Canadian parent of leisure company and airline Air Transat, produced its first quarterly operating and net profits since Q4 2019. The airline benefitted from strong demand for travel and responded by ramping up capacity on the network.…
Getting a handle on the GTF population
How big is the GTF problem? Pratt & Whitney is at pains to admit the issue in terms of cost and has sent a signal they believe they have the issue defined and a solution in place. They also believe…
Airlines brace themselves for GTF impact on schedules
Airlines across the world are expecting a significant impact on their operations next year from the latest service guidelines for Pratt & Whitney Geared Turbofan (GTF). P&W-parent RTX said on Monday in a trading update that 600-700 engines require incremental inspections…
GTF powder metal issue keeps P&W busy well through 2026
UPDATE – Not 1.000, but another 600 and 700. That is the number of incremental shop visits that Pratt & Whitney-parent RTX is guiding for inspections and repairs of Geared Turbofan (GTF) engines that are affected by the powder metal…
Pratt & Whitney GTF update
RTX provided an update on the GTF issue. RTX expects the issue to cost $3-3.5bn, with a $3bn charge booked in 3Q23 (P&W has a 51% share). Pratt & Whitney (P&W) sees 600-700 engines coming in for accelerated shop visits…