RTX, Air New Zealand Launch $150 Million Expansion of Pratt & Whitney Engine Facility

MT Newswires Live
08 Nov 2024

RTX (RTX) unit Pratt & Whitney and Air New Zealand on Thursday broke ground on a $150 million, 14,000-square-meter expansion of the Christchurch Engine Center in New Zealand that will increase maintenance, repair and overhaul capabilities for the GTF engine.

The companies said the facility is slated to have the capacity to overhaul 140 GTF engines a year by 2032.

The expansion begins this month with the first engine overhaul expected in Q4 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10