Pratt & Whitney wins JetBlue engine order

JetBlue Airways said Thursday it has awarded Pratt & Whitney a contract to supply engines for its total fleet of 85 Airbus A320neo aircraft, more than doubling the carrier's previous contract with the engine maker. The new agreement adds 45 aircraft to an earlier arrangement under which Pratt agreed to supply JetBlue with engines for 40 twin-engine jets. The deal also includes 13 spare engines and maintenance of the products. Pratt beat out rival General Electric for the order, in a boost to the manufacturer after earlier issues with the engine. "There have been some teething issues with the engines that have been well-publicised, but the one thing I will say: the trust that we have with Pratt is fantastic. They have been incredibly transparent about what those issues have been," JetBlue CFO Steve Priest said. <br/>
Reuters
https://www.nytimes.com/reuters/2018/04/05/business/05reuters-jetblue-airways-utc.html
4/5/18