{"success":true,"data":{"pressRelease":{"id":"94214","rtpr_id":"nPnKmx9na","ticker":"RTX","exchange":"NYSE","all_tickers":["RTX"],"title":"RTX's Pratt & Whitney GTF™ engines to power 15 additional Tigerair Taiwan A320neo family aircraft","author":"PR Newswire","published_at":"2026-07-21T15:00:10.022Z","article_body":"RTX's Pratt & Whitney GTF™ engines to power 15 additional Tigerair Taiwan A320neo family aircraft\n\nPR Newswire\n\nLONDON, July 21, 2026\n\nSelection of fuel efficient engines and EngineWise support build on\ndecade-long relationship\n\nLONDON, July 21, 2026 /PRNewswire/ -- Farnborough International Air show –\nPratt & Whitney, an RTX (NYSE: RTX) business and Tigerair Taiwan have\nsigned a Memorandum of Understanding for GTF engines to power 15 Airbus\nA321neo aircraft, made up of four firm and 11 leased aircraft. Tigerair Taiwan\ncurrently operates nine Airbus A320neo family aircraft powered by the GTF and\nnine Airbus A320ceos powered by IAE V2500 engines.\n\nPratt & Whitney will provide maintenance services for the engines through\na 12-year EngineWise® Comprehensive services agreement, ensuring predictable\nmaintenance costs and optimal efficiency. Deliveries are expected to begin in\n2028.\n\n\"This latest GTF order reaffirms Tigerair Taiwan's trust in Pratt &\nWhitney, which exclusively powers the airline's fleet,\" said Rick Deurloo,\npresident of Commercial Engines, Pratt & Whitney. \"The GTF engine will\ncontinue to enable Tigerair Taiwan's regional fleet expansion while delivering\nbest-in-class fuel efficiency.\"\n\n\"Pratt & Whitney has been a trusted partner since we began operations in\n2014,\" said Joyce Huang, chairperson of Tigerair Taiwan. \"Our new A321neo\nfleet, powered by the GTF engine, will advance our next phase of growth, as we\ncontinue to serve more passengers across more destinations with a lower cost\nper seat.\"\n\nThe GTF delivers 20% lower fuel consumption and a 75% smaller noise footprint\ncompared to the prior generation of engines.  Over 2,800 GTF-powered aircraft\nare operated globally by more than 90 customers, and the order backlog of over\n8,000 GTF engines reflects strong market demand. The engine's revolutionary\ngeared architecture will serve as the foundation for next generation\npropulsion technologies.\n\nAbout Tigerair Taiwan\n\nTigerair Taiwan launched its first route in 2014. As Taiwan's first and only\nlow-cost carrier (LCC), it operates routes across Asia, providing travelers\nwith affordable, reliable, and convenient options. Focusing on a warm,\npassionate, and genuine service while upholding safety as its core value,\nTigerair Taiwan continues to expand its footprint and add more destinations in\nAsia. Learn more at www.tigerairtw.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4734168-1&h=2953816544&u=http%3A%2F%2Fwww.tigerairtw.com%2F&a=www.tigerairtw.com)\n.\n\nAbout Pratt & Whitney\n\nPratt & Whitney, an RTX business, is a world leader in the design,\nmanufacture and service of aircraft engines and auxiliary power units for\nmilitary, commercial and civil aviation customers. Since 1925, our engineers\nhave pioneered the development of revolutionary aircraft propulsion\ntechnologies, and today we support more than 90,000 in-service engines through\nour global network of maintenance, repair and overhaul facilities.\n\nAbout RTX\n\nWith more than 180,000 global employees, RTX pushes the limits of technology\nand science to redefine how we connect and protect our world. With\nindustry-leading capabilities, we advance aviation, engineer integrated\ndefense systems for operational success, and develop next-generation\ntechnology solutions and manufacturing to help global customers address their\nmost critical challenges. The company, with 2025 sales of more than $88\nbillion, is headquartered in Arlington, Virginia\n\nFor questions or to schedule an interview, please contact corporatepr@rtx.com\n(mailto:corporatepr@rtx.com) .\n\nView original\ncontent:https://www.prnewswire.com/news-releases/rtxs-pratt--whitney-gtf-engines-to-power-15-additional-tigerair-taiwan-a320neo-family-aircraft-302829362.html\n(https://www.prnewswire.com/news-releases/rtxs-pratt--whitney-gtf-engines-to-power-15-additional-tigerair-taiwan-a320neo-family-aircraft-302829362.html)\n\nSOURCE RTX\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPnKmx9na","title":"RTX's Pratt & Whitney GTF™ engines to power 15 additional Tigerair Taiwan A320neo family aircraft","author":"PR Newswire","ticker":"RTX","created":"2026-07-21T15:00:10.022Z","tickers":["RTX"],"exchange":"NYSE","article_body":"RTX's Pratt & Whitney GTF™ engines to power 15 additional Tigerair Taiwan A320neo family aircraft\n\nPR Newswire\n\nLONDON, July 21, 2026\n\nSelection of fuel efficient engines and EngineWise support build on\ndecade-long relationship\n\nLONDON, July 21, 2026 /PRNewswire/ -- Farnborough International Air show –\nPratt & Whitney, an RTX (NYSE: RTX) business and Tigerair Taiwan have\nsigned a Memorandum of Understanding for GTF engines to power 15 Airbus\nA321neo aircraft, made up of four firm and 11 leased aircraft. Tigerair Taiwan\ncurrently operates nine Airbus A320neo family aircraft powered by the GTF and\nnine Airbus A320ceos powered by IAE V2500 engines.\n\nPratt & Whitney will provide maintenance services for the engines through\na 12-year EngineWise® Comprehensive services agreement, ensuring predictable\nmaintenance costs and optimal efficiency. Deliveries are expected to begin in\n2028.\n\n\"This latest GTF order reaffirms Tigerair Taiwan's trust in Pratt &\nWhitney, which exclusively powers the airline's fleet,\" said Rick Deurloo,\npresident of Commercial Engines, Pratt & Whitney. \"The GTF engine will\ncontinue to enable Tigerair Taiwan's regional fleet expansion while delivering\nbest-in-class fuel efficiency.\"\n\n\"Pratt & Whitney has been a trusted partner since we began operations in\n2014,\" said Joyce Huang, chairperson of Tigerair Taiwan. \"Our new A321neo\nfleet, powered by the GTF engine, will advance our next phase of growth, as we\ncontinue to serve more passengers across more destinations with a lower cost\nper seat.\"\n\nThe GTF delivers 20% lower fuel consumption and a 75% smaller noise footprint\ncompared to the prior generation of engines.  Over 2,800 GTF-powered aircraft\nare operated globally by more than 90 customers, and the order backlog of over\n8,000 GTF engines reflects strong market demand. The engine's revolutionary\ngeared architecture will serve as the foundation for next generation\npropulsion technologies.\n\nAbout Tigerair Taiwan\n\nTigerair Taiwan launched its first route in 2014. As Taiwan's first and only\nlow-cost carrier (LCC), it operates routes across Asia, providing travelers\nwith affordable, reliable, and convenient options. Focusing on a warm,\npassionate, and genuine service while upholding safety as its core value,\nTigerair Taiwan continues to expand its footprint and add more destinations in\nAsia. Learn more at www.tigerairtw.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4734168-1&h=2953816544&u=http%3A%2F%2Fwww.tigerairtw.com%2F&a=www.tigerairtw.com)\n.\n\nAbout Pratt & Whitney\n\nPratt & Whitney, an RTX business, is a world leader in the design,\nmanufacture and service of aircraft engines and auxiliary power units for\nmilitary, commercial and civil aviation customers. Since 1925, our engineers\nhave pioneered the development of revolutionary aircraft propulsion\ntechnologies, and today we support more than 90,000 in-service engines through\nour global network of maintenance, repair and overhaul facilities.\n\nAbout RTX\n\nWith more than 180,000 global employees, RTX pushes the limits of technology\nand science to redefine how we connect and protect our world. With\nindustry-leading capabilities, we advance aviation, engineer integrated\ndefense systems for operational success, and develop next-generation\ntechnology solutions and manufacturing to help global customers address their\nmost critical challenges. The company, with 2025 sales of more than $88\nbillion, is headquartered in Arlington, Virginia\n\nFor questions or to schedule an interview, please contact corporatepr@rtx.com\n(mailto:corporatepr@rtx.com) .\n\nView original\ncontent:https://www.prnewswire.com/news-releases/rtxs-pratt--whitney-gtf-engines-to-power-15-additional-tigerair-taiwan-a320neo-family-aircraft-302829362.html\n(https://www.prnewswire.com/news-releases/rtxs-pratt--whitney-gtf-engines-to-power-15-additional-tigerair-taiwan-a320neo-family-aircraft-302829362.html)\n\nSOURCE RTX\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-07-21T15:00:10.111276539Z","server_sent_at_ms":1784646010111},"received_at":"2026-07-21T15:00:10.162Z","source_url":"https://www.prnewswire.com/news-releases/rtxs-pratt--whitney-gtf-engines-to-power-15-additional-tigerair-taiwan-a320neo-family-aircraft-302829362.html"},"analysis":{"id":"83255","press_release_id":"94214","analysis_json":{"industry":{"label":"Aerospace & Defense","sector":"Industrials"},"redFlags":[],"eventType":"operations_update","narrative":"Pratt & Whitney, an RTX business, signed a Memorandum of Understanding with Tigerair Taiwan for GTF engines to power 15 A321neo aircraft, consisting of four firm orders and 11 leased aircraft.\n\nThe deal includes a 12-year EngineWise Comprehensive services agreement to cover maintenance, with aircraft deliveries expected to commence in 2028.\n\nThis order expands Tigerair Taiwan's existing fleet of nine GTF-powered aircraft and adds to Pratt & Whitney's global backlog of over 8,000 engines.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Incremental backlog win and long-term service contract in Asia."},"keyFigures":{"dealValueUsd":0,"customDimensions":{"aircraft_ordered":15,"company_2025_sales":">$88 billion","deliveries_start_year":2028,"global_backlog_engines":"over 8,000","service_agreement_years":12}},"quotedText":"This latest GTF order reaffirms Tigerair Taiwan's trust in Pratt & Whitney, which exclusively powers the airline's fleet","namedEntities":{"people":[{"name":"Rick Deurloo","role":"President of Commercial Engines, Pratt & Whitney"},{"name":"Joyce Huang","role":"Chairperson, Tigerair Taiwan"}],"products":["GTF engines","EngineWise","A320neo","A321neo","A320ceo","V2500"],"companies":[{"name":"RTX","ticker":"RTX"},{"name":"Pratt & Whitney","relationship":"subsidiary"},{"name":"Tigerair Taiwan","relationship":"customer"},{"name":"Airbus","relationship":"partner"}],"dollarAmounts":[{"amount":"more than $88 billion","context":"2025 sales for RTX"}]},"materialImpact":{"score":2,"reasoning":"Positive incremental order and long-term service agreement with an existing customer, but the scale (15 aircraft) is immaterial relative to RTX's size and existing backlog of over 8,000 engines."},"tickerRelevance":{"others":[],"primary":"RTX"},"globalImportance":15,"audienceRelevance":20,"eventTypeSecondary":["partnership"],"importanceComponents":{"tickerTier":"mega-cap","eventGravity":"routine_contract_win","sectorWeight":"industrials"}},"event_type":"operations_update","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":2,"narrative":"Pratt & Whitney, an RTX business, signed a Memorandum of Understanding with Tigerair Taiwan for GTF engines to power 15 A321neo aircraft, consisting of four firm orders and 11 leased aircraft.\n\nThe deal includes a 12-year EngineWise Comprehensive services agreement to cover maintenance, with aircraft deliveries expected to commence in 2028.\n\nThis order expands Tigerair Taiwan's existing fleet of nine GTF-powered aircraft and adds to Pratt & Whitney's global backlog of over 8,000 engines.","key_figures":{"dealValueUsd":0,"customDimensions":{"aircraft_ordered":15,"company_2025_sales":">$88 billion","deliveries_start_year":2028,"global_backlog_engines":"over 8,000","service_agreement_years":12}},"named_entities":{"people":[{"name":"Rick Deurloo","role":"President of Commercial Engines, Pratt & Whitney"},{"name":"Joyce Huang","role":"Chairperson, Tigerair Taiwan"}],"products":["GTF engines","EngineWise","A320neo","A321neo","A320ceo","V2500"],"companies":[{"name":"RTX","ticker":"RTX"},{"name":"Pratt & Whitney","relationship":"subsidiary"},{"name":"Tigerair Taiwan","relationship":"customer"},{"name":"Airbus","relationship":"partner"}],"dollarAmounts":[{"amount":"more than $88 billion","context":"2025 sales for RTX"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-21T18:53:00.616Z","global_importance":15,"audience_relevance":20,"importance_components":{"tickerTier":"mega-cap","eventGravity":"routine_contract_win","sectorWeight":"industrials"}},"durationMs":60476,"modelName":"glm-4.7"}}