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.
Wizz Air UK's Marion Geoffroy says summer operational challenges have begun earlier than usual, while the ULCC is still struggling with GTF-related groundings.
This week’s Flight Friday revisits a similar analysis from earlier in 2024, the utilization of CFM Leap and Pratt & Whitney PW1000G (GTF)-powered aircraft.
Listen in to hear insights from MRO BEER, including on airBaltic's GTF issues and Ryanair's operations, from James Pozzi, Dan Williams and Lee Ann Shay.
Airbus no longer expects to reach its target of producing 75 A320neo family aircraft per month in 2026 and has cut back its delivery guidance for 2024.