BOC Aviation placed an order for up to 220 Pratt & Whitney GTF engines from RTX Corp to power as many as 110 Airbus A320neo family aircraft. The deal supports fleet growth for BOC Aviation and incremental demand for RTX’s engine business. Overall, the announcement is modestly positive but unlikely to be market-moving beyond the involved aerospace supply chain.
BOC Aviation placed an order for up to 220 Pratt & Whitney GTF engines from RTX Corp to power as many as 110 Airbus A320neo family aircraft. The deal supports fleet growth for BOC Aviation and incremental demand for RTX’s engine business. Overall, the announcement is modestly positive but unlikely to be market-moving beyond the involved aerospace supply chain.
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mildly positive
Sentiment Score
0.25
Ticker Sentiment