RTX Corp.’s plan to address the latest flaw in its marquee commercial jet engine will ground hundreds of Airbus SE A320neo aircraft over the next three years, a fresh source of disruption to global airlines’ post-pandemic recovery.
Shop visits for accelerated inspections and repairs to key components in Pratt & Whitney’s geared turbofan engine made from tainted metal powder will take up to 300 days each to complete and result in an average of 350 aircraft being parked per year through 2026, peaking at about 650 planes in early 2024, RTX executives said Monday on a call with analysts.
The fallout highlights the sweeping impact to the global fleet from the latest problem with Pratt’s geared turbofan engine, one of two power plants offered on the top-selling Airbus A320neo family of aircraft. That may complicate efforts by airlines to increase capacity and flight service to meet steady post-Covid lockdown demand for travel.
The company now expects reported sales in a range of $67.5 billion to $68.5 billion it said in a statement Monday. An earlier forecast called for adjusted sales of $73 billion to $74 billion, compared with an average analyst estimate for $73.6 billion. The company now says between 600 to 700 engines must be removed for maintenance through 2026 beyond what the Pratt & Whitney jet-engine unit had earlier planned for.
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