One of the largest GTF engine lessors now owns, manages, and has firm commitments for 142 GTF-powered aircraft 

LONDON, July 22, 2024 – Farnborough Air Show  — Pratt & Whitney, an RTX (NYSE: RTX) business, today announced SMBC Aviation Capital, one of the largest lessors for GTF- powered A320neo family aircraft, has exercised options for 22 firm orders. This is supplemental to a 2021 order for 20 additional firm aircraft, bringing the lessor's additional commitment to 42 firm A320neo family aircraft equipped with GTF engines.

SMBC Aviation Capital announced its initial selection for 50 firm Pratt & Whitney A320neo family aircraft in 2019, and currently manages a portfolio of 142 GTF-powered A320neo family aircraft. Today's announcement affirms the relationship between two global leaders in the aviation space.

"We appreciate SMBC Aviation Capital's continued confidence in Pratt & Whitney as we work together to deliver economic and environmental benefits for airline customers," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. "These additional orders are a testament to the advantages this engine delivers as the most fuel-efficient, sustainable engine for single-aisle aircraft."

"SMBC Aviation Capital is pleased to confirm these latest technology engines reflecting our underlying commitment to invest in the most fuel efficient and sustainable aircraft types, which our customers want to operate," said Barry Flannery, CCO of SMBC Aviation Capital.