Aviation Capital Group acquires Pratt & Whitney GTF engines for Airbus aircraft

May 10, 2022
The deal includes an option to power another 20 A320neo family aircraft with these engines. The Pratt & Whitney GTF engine reportedly reduces fuel consumption and CO2 emissions by 16% to 20%, NOx emissions to 50% below the set ICAO CAEP/6 standard

Aircraft lessor Aviation Capital Group (ACG) will use Pratt & Whitney GTF engines to power 40 of its Airbus single-aisle aircraft.

The deal includes an option to power another 20 A320neo family aircraft with these engines. The Pratt & Whitney GTF engine reportedly reduces fuel consumption and CO2 emissions by 16% to 20%, NOx emissions to 50% below the set ICAO CAEP/6 standard, and noise footprint by 75%. It is certified for 50% sustainable aviation fuel and compatible with 100% SAF.

“Leading lessors like ACG are recognizing the increasing value that GTF engines are giving operators,” said Rick Deurloo, Chief Commercial Officer at Pratt & Whitney. “With fuel prices and environmental concerns on the rise, GTF engines’ lower fuel consumption and CO2 emissions are growing more attractive by the day.”

ACG has about 145 aircraft powered by Pratt & Whitney, including Airbus A220s and A320neos with GTF engines and Boeing 757 aircraft with PW2000 engines.

“The GTF engine continues to deliver impressive economic and environmental benefits to our customers,” said Steven C. Udvar-Hazy, Senior Vice President & Chief Procurement Officer at ACG. “We are pleased to increase ACG’s commitment for additional GTF-powered aircraft.”

India's Indigo Aviation is the biggest operator of the Airbus A320.

Aviation Capital leases more than 400 aicraft to 90 customers in approximately 45 nations. Those airline customers include Aegean Air, Air France, Allegiant, Frontier, Malaysia Airlines, Southwest and VietJet, among others.