Pratt & Whitney, located in East Hartford, has received hundreds of millions in federal funding to cover the full cost of engine upgrades. RTX, which owns Pratt.
The aviation fleet will expand to over 36,000 aircraft by 2034, which is 28% higher but a far cry from the 39,000 forecast for 2030 just before the onset of Covid-19.
India Business News: Pratt & Whitney invests multi-million dollars in the India Digital Capability Center (IDCC) in Bengaluru. The IDCC will collaborate with other RTX bus