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… Read More

MRO demand, pricing power near record levels: great for providers, painful for operators

Subscription Required By Judson Rollins October 24, 2023, © Leeham News: In aviation’s topsy-turvy post-Covid recovery, one group of companies faces a near-perfect storm of positive developments: maintenance, repair, and overhaul (MRO) service providers and their suppliers. Source:… Read More

Pontifications: “We’re sick and tired of new technologies:” Avolon CEO

Editor’s Note: As Airbus and Boeing consider new airplanes, their current generation aircraft are plagued with technical issues. The engines on the A320neo and 737 MAX families continue to have problems years after entry into service. The Boeing… Read More

Pontifications: Moonshot for engines for Next Boeing Airplane may have to wait

Sept. 12, 2023, © Leeham News: The Next Boeing Airplane (NBA) may be a moonshot for CEO David Calhoun, but airlines will probably be reluctant to take a moonshot on the next new engine. Service issues with the… Read More

GTF’s troubled history hurting future orders

Subscription Required By Scott Hamilton and Bjorn Fehrm May 8, 2023, © Leeham News: India’s GoFirst Airlines filed for bankruptcy last week. The carrier pointed to around 29 of its 50 Pratt & Whitney Geared TurboFan-powered Airbus A320neos… Read More

Pontifications: Engine makers’ business model needs overhaul

May 2, 2023, © Leeham News: The business models for engine makers for decades have been simple: deeply, deeply discount the engines on the sale and make up the revenue and profits on the maintenance, overhaul, and repair… Read More

Pontifications: A lost decade for new airplanes

By Scott Hamilton Subscription Required Dec. 5, 2022, © Leeham News: In September 2020, LNA wrote that commercial aviation was facing a “lost decade.” The impetus for this prediction was the COVID-19 pandemic crisis. “Commercial aviation is facing… Read More

Pontifications: Rolls-Royce and the Next Boeing Airplane

April 18, 2022, © Leeham News: The aviation industry is waiting to see what Boeing will do when it comes to a new airplane. The Next Boeing Airplane (NBA), whatever form it takes, will largely be driven by… Read More

For next new airplane, Pratt appears to trail CFM for next new engine

Subscription Required By Scott Hamilton Feb. 21, 2022, © Leeham News: As Boeing ponders whether to launch a new airplane program and industry consensus seems to be that this must happen in 2023 or 2024, Pratt & Whitney… Read More

Engine OEMs pushing ahead for next airplane, even as Boeing pauses

Subscription Required By Scott Hamilton Nov. 1, 2021, © Leeham News: David Calhoun may not be anywhere near ready to launch the Next Boeing Airplane (NBA), but the engine makers are actively researching and developing engines to hang… Read More