due in part to problems with its GTF engine that have led to the grounding of several planes.
The company said on Wednesday the groundings peaked at 10% of the GTF-powered fleet in the first half of this year, and that percentage would trend lower through the rest of the year.Pratt & Whitney President Shane Eddy, who has faced a backlash from airlines over durability problems and a shortage of spare engines,The company has the capacity in place to support maintenance demand but faces shortages of materials, he added.
Aircraft leasing company Avolon signed a memorandum of understanding to order 20 widebody Airbus A330neo aircraft.
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Source: Reuters - 🏆 2. / 97 Read more »