By Bryan Corliss
April 25, 2023, © Leeham News – Raytheon reported a 10% increase in first-quarter sales and a record backlog of $180 billion in orders, amid what Chairman and CEO Greg Hayes called “continued global airline travel and defense systems demand.”
Among its commercial aircraft segments, Collins Aerospace had first-quarter sales of nearly $5.6 billion, up 16%. That was driven by a 24% increase in commercial aftermarket sales and a 12% increase in commercial original equipment sales.
Collins’ operating profit was up 80% from the first quarter of 2022, Raytheon said.
Meanwhile, Pratt & Whitney had first-quarter sales of $5.2 billion, up 15%, with a 27% increase in original equipment orders and a 14% increase in commercial aftermarket sales.
Pratt& Whitney’s first quarter profit of $415 million was up 175% compared to the first quarter of 2022.
By Bryan Corliss
Jan. 24, 2023, © Leeham News – Aerospace suppliers GE and Raytheon both reported fourth-quarter sales surges, as the commercial aviation industry continued its recovery from the worst of the Covid pandemic.
Both companies also project strong sales growth in 2023, but warned investors that there are lingering supply chain issues and labor shortages that could hold them back.
“While we are broadly beginning to see our supply chain improve, it is not yet at the levels we need,” Raytheon CFO Chris Calio told stock analysts during the company’s fourth-quarter earnings call on Tuesday. “We are assuming a recovery as we move into the back half of the year.”
By Bjorn Fehrm
November 29, 2022, © Leeham News: MTU and Pratt & Whitney presented an EU Clean Sky project today where they will develop an advanced engine concept based on the Pratt & Whitney GTF. The project is called SWITCH, an acronym for Sustainable Water-Injecting Turbofan Comprising Hybrid-Electrics.
There are participants from 11 countries in the project, among them Pratt & Whitney’s sister company Collins aerospace, GKN’s Swedish part, and Airbus.
The engine, which has a mild parallel hybrid architecture, extracts more energy from the turbofan fuel by driving the core exhaust through a vaporizer, where it recovers more heat from the core exhaust, Figure 1. Water from the exhaust, extracted from the core exhaust in a condenser, is heated to steam by the vaporizer and then drives a steam turbine that co-drives the fan. The steam is finally injected into the combustor to lower emissions.
The WET cycle will gain about 10% efficiency compared to today’s GTF. The concept also has a hybrid part which is primarily used for a low-emission taxi.
By Scott Hamilton
July 18, 2022 (BST), © Leeham News: Pratt & Whitney and sister company Collins Aerospace announced the launch of a hybrid-electric technology demonstrator, it was announced today at the Farnborough Air Show. This program is for future advanced air mobility vehicles.
Collins and Pratt & Whitney Canada, the turboprop engine unit, also announced the completion of the preliminary design of a 1MW motor for the demonstrator. A De Havilland Canada Dash 8-100 will be the platform for the commercial hybrid-electric application.
March 4, 2022, ©. Leeham News: This is a summary of the article Part 9P. Parallel Hybrid, the Deeper Discussion.
We look into the Pratt & Whitney, Collins Aerospace, and De Havilland project to create a Parallel Hybrid propulsion alternative for the Dash 8 turboprops.
The project “targets a 30% reduction in fuel burn and CO2 emissions, compared to a modern regional turboprop airliner” according to the Pratt & Whitney press release.
March 4, 2022, ©. Leeham News: This is a complementary article to Part 9. Parallel Hybrid. It uses Leeham Company’s Aircraft Performance Model from our consultancy practice to analyze the design of a Parallel Hybrid aircraft for regional operations.
Our design brief is to make turboprop upgrade packages for De Havilland DH8-200,-300, and-400 aircraft. By using a Parallel Hybrid we could “target a 30% reduction in fuel burn and CO2 emissions, compared to a modern regional turboprop airliner” according to Pratt & Whitney Canada. Time to check if we can reach these levels.
Feb. 22, 2022, © Leeham News: The headlines and debate over ecoAviation focus on the airframe and engine manufacturers, for good reason. But the aerospace supply chain is mindful of its ESG (Environmental, Social, and Governance) issues as well.
Pratt & Whitney makes the engines that emit emissions and burn fuel. It works to reduce fuel burn and emissions. PW also is exploring electric, hybrid and hydrogen alternatives. Sister company Collins Aerospace works to find solutions to reduce emissions in other areas.
“We play a big role in sustainability,” says LeAnn Ridgeway, Vice President, Sustainability. Collins purchased FlightAware, which is perhaps best know for flight tracking in competition with FlightRadar24. But FlightAware provides route planning and ADS-B services, among others.
By Bjorn Fehrm
February 27, 2020, © Leeham News: While we wait on the Boeing 737-8 to get back in the air, we take a look at how this best seller in the 737 series compares with its direct rival, the Airbus A320neo.
The 737-800 and its follow on, the 737-8, have been the most popular single-aisles in Boeing’s lineup for decades. The 737-800 sold more units than the A320. But when both got re-engined, this changed. The A320neo is now outselling the 737-8.
We look into why.
By Bjorn Fehrm
October 9, 2018, ©. Leeham News, Antibes France: The European Airlines Association, ERA, gathered 44 of its 51 member airlines in Antibes France, today for the first day of its 2019 General Assembly meeting.
LNA participated in the event for the first time and we found an impressive gathering of airline and airport representatives, aircraft OEMs and support businesses discussing the challenges facing the European regional air transport market.
By Bjorn Fehrm
September 19, 2019, ©. Leeham News: What aircraft to choose for the segment 120 to 150 seats, Embraer’s E195-E2 or Airbus A220-300? After discussions with Airbus’ Rob Dewar at the Paris Airshow, Head of A220 Engineering and Product Support, and a visit to Embraer last week for the E195-E2’s first customer delivery, we have collected some unique insights.
We also had the opportunity to talk to David Neeleman of Azul, Moxy and TAP Portugal when at Embraer, the only owner/operator which has bought both aircraft; E195-E2 for Azul and A220-300 for his Moxy project.