Leeham News and Analysis
There's more to real news than a news release.
There's more to real news than a news release.
Leeham News and Analysis
- Bjorn’s Corner: New aircraft technologies. Part 41. Production learning curve December 8, 2023
- Re-engining the Boeing 767 December 7, 2023
- Boeing returns to PNAA December 5, 2023
- Pontifications: Embraer sees easing in pilot shortage, wave of sales coming December 5, 2023
- Airbus: Global services sector to double by 2042 December 4, 2023
RTX Q3 Earnings: Pratt GTF Powder Contamination Problem Guidance Largely Unchanged, But Big Questions Loom
By Chris Sloan
Oct. 24, 2023, (c) Leeham News: “I believe we have our arms around the operational and financial impacts of the powdered metal issue,” said Greg Hayes,
RTX Chairman and Chief Executive Officer, during today’s third quarter earnings call primarily dominated by the Pratt & Whitney GTF powerplant’s ongoing quality control saga.
“With the analysis substantially complete, we do not expect any significant incremental financial impact as a result of those fleet management plans,” Hayes emphasized, with Pratt re-affirming its September projections with no changes to the previous recalls.