PHOENIX—Pratt & Whitney will increase the list prices of its PW1000G geared-turbofan family later this year to reflect what it believes will be increased value from better-than-anticipated performance.

The price-hike decision follows a review of data from the ongoing PW1000G-powered Airbus A320neo and Bombardier CSeries flight-test programs, and comes as the engine maker prepares to support upcoming first flights of the PW1000G-powered Mitsubishi Regional Jet in coming months. Pratt has revealed neither the unit cost of the initial PW1000G family members, nor the size of the increase, but says it will be phased in model-by-model. The unspecified price rise will also affect spare engines.

Pratt is thought to have offered the engine at relatively low prices as part of incentives to attract both operators and aircraft makers, but with several programs moving from development into production, the company is eager to recoup its estimated $10 billion R&D cost over the past two decades. Having broken back into the single-aisle market with versions of the engine now selected for the A320neo, CSeries, MRJ and Irkut MS-21 and Embraer E-Jet-E2 family, the manufacturer is also shifting its focus to ramping up engine production.

“The engine is on spec and on time,” says Rick Deurloo, Pratt Commercial Engines sales and marketing senior vice president. On the CSeries he says “. . .we have 1,000 flight-test hr. and five flight-test vehicles. The results we have seen so far have been spectacular.” Flight tests also continue to accelerate on the A320neo, which first flew with the PW1100G-engine version in September 2014.

“That is a big monument for us, and since then we have accomplished 50-plus flights and delivered three-quarter of the certification reports in support of that,” he adds.

Deurloo, who was speaking at the International Society of Transport Air Trading (ISTAT) Americas 2015 meeting here, adds that “we are 100% ready for this ramp up.” Overall orders, including options, have now grown to more than 6,300 engines. “The demand for this product is getting more and more active,” he says.