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Raytheon's Pratt & Whitney Starts Tests on Next-generation Engine for Airbus

Oct 17,2022

Pratt & Whitney, a unit of Raytheon Technologies (NYSE:RTX), on Tuesday said aircraft maker Airbus (OTCPK:EADSF) began flight tests of the next generation of fuel-efficient engines for its A320neo planes. Pratt's GTF Advantage engine will be tested in a variety of environments including high-altitude airports and hot or cold weather.

Engine certification will proceed through the first half of next year. It includes flights now under way at the jet-engine maker's test bed in Mirabel, Qubec, and endurance testing.

The GTF Advantage has completed more than 2,400 hours of tests, including one in March with 100% sustainable aviation fuel. The energy source, which typically is made from crops and food waste such as cooking oil, has a smaller carbon footprint than petroleum jet fuel but is more expensive to produce.

In addition to its lower fuel usage and emissions, the GTF Advantage also enhances aircraft capability by increasing thrust and protects durability by running cooler, Rick Deurloo, president of commercial engines at Pratt & Whitney, said in a statement. For airlines, this means new revenue opportunities and better operating economics.

The GTF Advantage reduces fuel consumption and carbon dioxide emissions by as much as 1% compared with the current model of GTF. The newer engine, which the company introduced in December, also offers stronger takeoff thrust at sea level and higher altitudes, possibly helping airlines to offer more routes to travelers, according to the announcement.
Raytheon this year has fallen 1.8%, compared with a 21% loss for the S&P 500 Stock Index (SP500).
Seeking Alpha columnist Deep Value Ideas rates Raytheon (RTX) as a Buy, partly because of the rollout of the GTF Advantage. Contributor Seeking Profits has a Sell rating on Raytheon (RTX) on its valuation.


Aerospace technology is undergoing a great technological change. Various digital and intelligent means are gradually being integrated into the whole life-cycle of aero-engine manufacturing. Under this background,  the 10th Annual China Aerospace Propulsion Technology Forum 2022 will be held in December from 8th to 9th in Guiyang city, Guizhou Province, China. The forum will help industry players to understand the current hot spots of aero-engine further, meet new partners and discover new business opportunities.

 

More than 200 people are expected to attend the event, you are warmly welcome to attend the forum to have a talk with officers from CAAC, Decision Makers from OEMs, Experts from AECC, Manufacturing and MRO Enterprises, Testing and Verifying Suppliers and etc. The forum is dedicated to building a platform for technical exchange, enhancing the interaction between buyers and suppliers, contribute to the prosperity and development of aviation science and technology. 

Register your interest or get in touch with marketing@galleon.cc for more details.



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