RTX's Pratt & Whitney Deepens Wizz Air Partnership With New GTF Engine Order
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Wizz Air's Engine Order: Wizz Air has ordered GTF engines for 177 Airbus A321neo aircraft from Pratt & Whitney, increasing its total commitment to 453 GTF-powered aircraft as part of its fleet expansion and sustainability strategy.
Pratt & Whitney's MRO Network Expansion: Pratt & Whitney has added ITP Aero to its maintenance network, enhancing service capabilities for PW1500G and PW1900G engines, while continuing to invest in aviation sustainability and infrastructure to meet the demand for efficient flight technologies.
Analyst Views on ITA
Wall Street analysts forecast ITA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ITA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 235.820
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Current: 235.820
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
