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Pratt & Whitney, an operating segment of diversified conglomerate — United Technologies Corporation — recently announced that the Russian airline firm S7 Airlines inked an agreement with it for its fleet management program. The 12-year contract entails Pratt & Whitney to provide services for S7 Airlines' fleet of 30 Airbus A320neo and A321neo family of aircraft that are powered by PurePower Geared Turbofan PW1100G-JM engines.
Pratt & Whitney’s fleet management program offers predictable maintenance costs, optimized engine performance and increased residual value. The program enhances the shelf life of engines and keeps them in perfect service conditions to reduce operating costs. Pratt & Whitney leverages advanced analytics and fleet-wide data to identify trends that may affect future engine performance and proactively manages engines for smooth running.
The program provides up to 20% longer time on-wing and up to 50% fewer unscheduled engine removals. The basic coverage under the program includes engine restoration, unplanned/miscellaneous removals, engine health monitoring and diagnostics and customized engine maintenance plan.
The PurePower engine family has proven its mettle in the industry. It has a state-of-the-art gear system, which separates the engine fan from compressor and turbine, thereby facilitating an optimum operating speed for each of the modules. While the fan rotates slower, the low-pressure compressor and turbine operate at a high speed, increasing engine efficiency and delivering significantly lower fuel consumption, lesser noise and lower emissions along with reduced maintenance costs.
The technologically superior products create a competitive advantage for Pratt & Whitney and ensure a steady stream of revenues. The company is among the world’s leading suppliers of aircraft engines to the commercial, military, business jet and general aviation markets. Its Global Services provides maintenance, repair and overhaul services, including the sale of spare parts and fleet management for large commercial engines.
Pratt & Whitney’s comprehensive fleet management services and real-time data analytics will help S7 Airlines to improve the predictability and reliability of its fleet. Such continued collaborations and after-market services have enabled its parent firm United Technologies to outperform the industry with an average year-to-date return of 12.7% against a decline of 4.6% for the latter.
Danaher has a long-term earnings growth expectation of 10.6%. It surpassed estimates in each of the trailing four quarters with an average positive surprise of 2.6%.
Raven has a long-term earnings growth expectation of 10%. It delivered an earnings beat thrice in the trailing four quarters with an average positive surprise of 25.8%.
Leucadia has an expected long-term earnings growth rate of 18%. It exceeded estimates thrice in the last four quarters with an average beat of 21.2%.
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With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
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UTX's Pratt & Whitney Inks Deal to Manage S7 Airlines Fleet
Pratt & Whitney, an operating segment of diversified conglomerate — United Technologies Corporation — recently announced that the Russian airline firm S7 Airlines inked an agreement with it for its fleet management program. The 12-year contract entails Pratt & Whitney to provide services for S7 Airlines' fleet of 30 Airbus A320neo and A321neo family of aircraft that are powered by PurePower Geared Turbofan PW1100G-JM engines.
Pratt & Whitney’s fleet management program offers predictable maintenance costs, optimized engine performance and increased residual value. The program enhances the shelf life of engines and keeps them in perfect service conditions to reduce operating costs. Pratt & Whitney leverages advanced analytics and fleet-wide data to identify trends that may affect future engine performance and proactively manages engines for smooth running.
The program provides up to 20% longer time on-wing and up to 50% fewer unscheduled engine removals. The basic coverage under the program includes engine restoration, unplanned/miscellaneous removals, engine health monitoring and diagnostics and customized engine maintenance plan.
The PurePower engine family has proven its mettle in the industry. It has a state-of-the-art gear system, which separates the engine fan from compressor and turbine, thereby facilitating an optimum operating speed for each of the modules. While the fan rotates slower, the low-pressure compressor and turbine operate at a high speed, increasing engine efficiency and delivering significantly lower fuel consumption, lesser noise and lower emissions along with reduced maintenance costs.
The technologically superior products create a competitive advantage for Pratt & Whitney and ensure a steady stream of revenues. The company is among the world’s leading suppliers of aircraft engines to the commercial, military, business jet and general aviation markets. Its Global Services provides maintenance, repair and overhaul services, including the sale of spare parts and fleet management for large commercial engines.
Pratt & Whitney’s comprehensive fleet management services and real-time data analytics will help S7 Airlines to improve the predictability and reliability of its fleet. Such continued collaborations and after-market services have enabled its parent firm United Technologies to outperform the industry with an average year-to-date return of 12.7% against a decline of 4.6% for the latter.
United Technologies presently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry are Danaher Corporation (DHR - Free Report) , Raven Industries, Inc. and Leucadia National Corporation , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Danaher has a long-term earnings growth expectation of 10.6%. It surpassed estimates in each of the trailing four quarters with an average positive surprise of 2.6%.
Raven has a long-term earnings growth expectation of 10%. It delivered an earnings beat thrice in the trailing four quarters with an average positive surprise of 25.8%.
Leucadia has an expected long-term earnings growth rate of 18%. It exceeded estimates thrice in the last four quarters with an average beat of 21.2%.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>