Aegean Airlines reports positive Q2 results, despite Pratt & Whitney geared turbofan challenges forcing the grounding of several of its A320neo-family aircraft.
AirBaltic has converted options for 10 additional Airbus A220-300s as the airline seeks to lay the groundwork for further growth toward the end of the decade.
Qatar Airways is supporting IndiGo with Boeing 737-8 capacity as the Indian ULCC has grounded over 70 Airbus A320neos due to the Pratt GTF engine inspections.
Wizz Air posted a dramatic drop in quarterly net profit, citing the airline’s ongoing impact from geared turbofan (GTF) engine-related aircraft groundings.
Perhaps it is a good sign that Howmet is raising its baseline expectations of 737 shipsets to Boeing by 10% coming out of the Farnborough International Airshow.
Pratt says SMBC Aviation Capital—one of the largest lessors for GTF-powered Airbus A320neo-family aircraft—has exercised options for a further 22 firm orders.
Wizz Air expects to have another 45 Airbus A320neo-family aircraft grounded in 2025 due to inspections of their Pratt & Whitney geared turbofan (GTF) engines.