Vietjet Air Signs 12-Year Maintenance Agreement with Pratt & Whitney
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 04 2026
0mins
Should l Buy RTX?
Source: PRnewswire
- Order Expansion: Vietjet Air has placed an additional order for 44 GTF-powered Airbus A320neo family aircraft, bringing its total to 137, with deliveries starting in July 2026, thereby solidifying its position in the Asia-Pacific aviation market.
- Maintenance Agreement: Pratt & Whitney will provide a 12-year EngineWise® Comprehensive service agreement for Vietjet, ensuring efficient engine maintenance that enhances operational efficiency and reduces long-term operational costs.
- Fuel Efficiency Improvement: The GTF engine offers up to 20% better fuel efficiency, and combined with Vietjet's modern fleet, it is expected to significantly lower operating costs and enhance market competitiveness.
- Network Expansion Strategy: Currently operating 135 aircraft with nearly 600 more on order, Vietjet continues to expand its routes in the Asia-Pacific and Europe, aiming to provide cost-effective flying experiences and drive regional economic development.
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Analyst Views on RTX
Wall Street analysts forecast RTX stock price to fall
14 Analyst Rating
9 Buy
5 Hold
0 Sell
Moderate Buy
Current: 196.420
Low
168.00
Averages
195.77
High
215.00
Current: 196.420
Low
168.00
Averages
195.77
High
215.00
About RTX
RTX Corporation is an aerospace and defense company, which provides advanced systems and services for commercial, military, and government customers worldwide. The Company operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace segment provides technologically advanced aerospace and defense products and aftermarket service solutions for civil and military aircraft manufacturers, commercial airlines, and regional, business and general aviation, as well as for defense and commercial space operations. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers. The Raytheon segment provides defensive and offensive threat detection, tracking and mitigation capabilities for the United States and foreign government and commercial customers. The Raytheon designs, develops, and provides advanced capabilities in integrated air and missile defense, smart weapons, missiles and others.
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.
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