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EASA certifies Airbus A321XLR aircraft powered by RTX's Pratt & Whitney GTF™ engines

1. Pratt & Whitney certifies GTF-powered Airbus A321XLR for service entry. Certification by EASA and FAA supports this milestone. 2. Engine updates include PW1100G-JM type certificate revisions. Certification paves the way for enhanced operational performance. 3. Airbus A321XLR offers 30% fuel burn reduction per seat. This efficiency can lower operating costs and expand route options. 4. Over 2,200 GTF-powered aircraft delivered to 80+ customers globally. 217 A321XLR aircraft orders highlight strong market demand.

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FAQ

Why Bullish?

This certification milestone enhances RTX’s competitive positioning and revenue potential in the aviation engine market. Historical engine certifications, such as those for previous models, often drove increased investor confidence and elevated share prices.

How important is it?

The news significantly supports a core RTX business, boosting future revenue prospects. However, the immediate financial impact may be moderate until new orders translate into tangible earnings.

Why Long Term?

Engine certifications lead to a robust order book and recurring revenues over many years. Similar milestones in aerospace have fueled long-term growth rather than immediate price jumps.

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Prepares the way for entry into service , /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, today marks the certification of the GTF-powered Airbus A321XLR by the European Aviation Safety Agency (EASA), preparing the way for entry into service. In support of the aircraft certification, updates were made to the PW1100G-JM engine's type certificates to include A321XLR, granted by EASA on February 7, and the U.S. Federal Aviation Administration on December 12, 2024. "The GTF is the most fuel-efficient engine for single-aisle aircraft, and today's certification from EASA is a key milestone for the program," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. "The GTF-powered Airbus A321XLR will provide longer range and higher payload capability, enabling new route options while reducing operating costs for our customers."   According to Airbus, the A321XLR burns 30% less fuel per seat than previous generation aircraft. Globally, 13 customers have selected GTF engines to power 217 A321XLR aircraft, with Wizz Air expected to be the first operator. To date, more than 2,200 GTF-powered aircraft have been delivered to over 80 customers worldwide. The next configuration of the engine, the GTF Advantage, is particularly well suited for the A321XLR, delivering higher take-off thrust and offering even better operating economics. About Pratt & WhitneyPratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. To learn more visit www.prattwhitney.com. About RTX RTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2024 sales of more than $80 billion, is headquartered in Arlington, Virginia. For questions or to schedule an interview, please contact [email protected]. SOURCE RTX WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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