PW Media Day 2: President’s overview

Paul Adams, president of Pratt & Whitney, called 2013 a “transformational” year during his overview at PW’s Media Day today.

The CSeries GTF was certified and Embraer selected the GTF to power its E-Jet E2. Bombardier’s first CSeries also flew for the first time, representing the first time the GTF became airborne on an airliner (as opposed to PW’s Boeing 747SP test bed).

Adams said that PW, like other airframe and engine OEMs, plans to grow its after-market business as a profit center. By continuing to integrate the V2500 producer International  Aero Engines and P&W AeroPower (APUs), Adams said that this is key to the transformational strategy going forward. Growing commercial and military engines is also key.

Integrating IAE presents “one face to the customer,” Adams said, particularly as the V2500 program on the Airbus A320ceo ramps down as the GTF-powered A320neo program ramps up. The aftermarket for the 6,000 V2500s now in service and about 2,000 more to be delivered before the program ramps down will be an important profit center going forward.

Adams said that PW now has greater than a 50% market share on the A320neo family vs the CFM LEAP. The first two flight engines have been delivered to Airbus.

Adams announced that PW will offer a 35,000 lb thrust version of the GTF on the A321neo.





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