RTX's Pratt & Whitney Wins GTF Engine Order From Jackson Square Aviation

(RTTNews) - RTX's Pratt & Whitney (RTX, 5UR.BE) said on Monday that aircraft lessor Jackson Square Aviation has selected its GTF engine to power an undisclosed number of Airbus A320neo family aircraft.

The company stated that the order reflects the continued confidence in the GTF engine. Also, it expects to continue building long-standing relationship with Jackson Square Aviation to support the growing fleet of A320neo operators worldwide.

"GTF engines have been instrumental to our growth strategy for fleet and customer base expansion," said Kevin McDonald, CEO of Jackson Square Aviation.

On the NYSE, shares of RTX Corporation are currently gaining 1.52 percent, changing hands at $196.43.