Wizz Air doubles down on Pratt & Whitney for jet-engine supply
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 17 2025
0mins
Source: SeekingAlpha
Wizz Air's Partnership with Pratt & Whitney: Wizz Air has reaffirmed its partnership with Pratt & Whitney, selecting them to supply engines for 177 Airbus A321neo jets despite ongoing technical issues with the geared turbofan engines. This decision increases their total commitment to Pratt & Whitney's GTF engines to 453 aircraft.
Impact of Engine Defects: The airline is facing significant operational challenges due to a defect in Pratt & Whitney's engine components, resulting in 37 grounded aircraft and expectations of continued service disruptions through mid-2026. Despite these setbacks, Wizz Air chose to continue its relationship with Pratt & Whitney over competitor CFM.
Analyst Views on RTX
Wall Street analysts forecast RTX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for RTX is 195.77 USD with a low forecast of 168.00 USD and a high forecast of 215.00 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.
14 Analyst Rating
9 Buy
5 Hold
0 Sell
Moderate Buy
Current: 196.340
Low
168.00
Averages
195.77
High
215.00
Current: 196.340
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.
