Sumo,......Your post is like a riddle, you need to be more focused and more precise. I was not able to capture the essence of your post..........Kid
GTF is and will be very important to Pratt, they expect engine volumes not seen since the 1980's. The A320-neo GTF is certified, the Bombardier GTF is certified. This is all good, also good is that Pratt is only 23% of UTC revenues. So, gloom and doom predictions for UTC based on the GTF's imaginary future calamities are just speculation without basis. I heard that the CT River froze over for the first time since 1934, if was 85 deg here in FL today...airborne, folks are always checking out of God's waiting room, so, there will be room for you when you decide to come down.................Kid
United Technologies Corp.'s Pratt & Whitney (East Hartford, CT, US) reported on Dec. 19 that its PurePower geared turbofan (GTF) engine for the Airbus A320neo family has successfully achieved US Federal Aviation Administration (FAA) type certification. The PW1100GJM engine is the latest PurePower GTF engine model to be certified.
"We are proud to achieve FAA certification for the PW1100GJM engine for the A320neo as planned. This milestone further validates our GTF technology's reliability and robustness," says Greg Gernhardt, president, Pratt & Whitney Commercial Engines. "In advance of this accomplishment, our engine has already completed more than 50 flights on the A320neo flight test aircraft and has performed extremely well. We look forward to continued success as we support Airbus in their aircraft certification efforts."
The GTF architecture allows room for growth as demonstrated by the additional 2% fuel burn enhancement, which will further reinforce the A320neo's 20% fuel burn savings per seat by 2020. The composites-intensive PW1100GJM engine's technology also makes it the most powerful engine on the A321neo. The A321neo is available with a 35K thrust rating at altitude that will give airlines the capability to fly routes of greater distance while carrying more passengers or payloads.
The PurePower GTF engine offers customers a reduction of up to 75% in the noise footprint compared to today's aircraft. The engine also reduces regulated emissions by up to 50%, and will reduce CO2 emissions at a level equivalent to planting almost 1 million trees or taking 3 million cars off the road – per aircraft per year.
The PurePower engine family has completed more than 13,500 hours of testing, including 2,000 hours of flight testing and more than 26,500 cycles of testing. Pratt & Whitney now has two certified PurePower engine programs powering the next generation of aircraft. The PW1500G engine for the Bombardier CSeries aircraft achieved Transport Canada type certification in early 2013.
B-787 commentary, "was the risk worth taking? Absolutely"....On the simple comparison of orders, the 787 is beating the A380, though Airbus has the satisfaction of knowing its superjumbo is slowly wiping the ageing Boeing 747 from the skies.Technical problems did ground a Norwegian Air Dreamliner last week in the US, but burning batteries and emergency landings are slowly becoming a more distant chapter in the 787's story. It is now approaching 100m miles in service and last month surpassed 1,000 orders. Tinseth says: "The technologies are being proven … Was it a risk worth taking? Absolutely."
pqr,....The gearing system for the GTF has been tested under load to exhaustion, gear fatigue, lube systems, attitude (nose up, nose down). This has been going on for about 30 years. As for the aluminum fan blades, this selection could only have been done after thorough design, analysis and metallurgical validation. Alcoa is planning to do more value adding to their product line and the aluminum fan blade is expected to be an important player. his isn't going to be like the RB-211 fan blades for the L-1011., I'm betting on Pratt and Alcoa with my wallet. From Alcoa:....Alcoa will supply parts for Pratt & Whitney’s jet engines, including the forging for the first-ever aluminum fan blade for jet engines, under a 10-year, $1.1 billion deal.
The aluminum fan blade will make the engine lighter, as well as more fuel and cost efficient, Alcoa says.
The forging was developed for Pratt & Whitney’s PurePower engines using an advanced aluminum alloy and a proprietary manufacturing process. Also for the PurePower engines, Alcoa is developing a fan blade forging using its most advanced aluminum-lithium alloy.
Under the deal, Alcoa will supply components for Pratt & Whitney’s PurePower PW1000G, V2500, GP7000 and several other regional jet and military engines. The PurePower engine will be used to power some of the world’s highest volume aircraft, including the next-generation Airbus A320neo.
pqr,..............All new engines have problems, the JT-9D on the B-747, the RB-211 on the Lockheed 1011, GE CF-6. The GE CF-6 actually is responsible for fatalities, the United DC-10 fan disk failure which disabled the aircraft hydraulics and another incident where a CF-6 had an uncontained fan blade failure which penetrated the cabin and sucked out a passenger.. I am not aware of any incident where a Pratt engine was the primary cause of a fatal crash. To suggest class action lawsuits is reckless unless you have privileged information that is not public. Pratt, like the other engine companies, has many engineers working the development programs. The engineers are responsible to fix any problems that occur and to validate that the engine does what it's supposed to do. This is why engineers exist. The JT-8D had problems, one of the engineers on the program told me that you could blindfold someone, spin them around, and have them stick a pin to a cutaway of the JT-8D engine on the wall and that wherever the pin landed, the JT-8D was in trouble. The JT-8D was a huge success and a big money maker for Pratt. So, I do not share your pessimism.......Kid
Sumo,.......We need you to pee in a jar for a check up. The GTF is going to be high volume for Pratt, so, they do need to adopt contemporary technologies for economic efficiencies. Many years ago, I spoke with an hourly Pratt guy and he told me that he was counting on the GTF for his future. If the GTF delivers approximately 20% fuel burn savings and approximately 50% sound reduction, what's not to like?....Kid
Maybe this influenced Hayes "I was wrong" statement. Has the cost of electricity gone down in the past 5 years?
The Senate gave final passage Thursday to a deal allowing United Technologies Corp. to use
$400 million in unused tax credits to expand facilities and cut their tax liability.
The goal of the legislation is to keep the state’s largest aerospace company in Connecticut as well as the jobs that come with it. It commits Pratt & Whitney to stay in Connecticut for at least 15 years and keeps Sikorsky’s corporate headquarters in Stratford for at least five.
The bill cleared the Senate in a bipartisan, 34-2, vote. Opening the debate on the Senate floor, Energy and Technology Co-Chairman Sen. John Fonfara said the bill gives Connecticut and UTC employees hope.
“When you have a good thing, you do not assume that that good thing will always be here. It’s about recognizing Connecticut, this small state, lacking in many of the valued natural resources of other states, has an abundance of one thing — brain power,” he said.
The House approved the deal in an overwhelming vote last week. Gov. Dannel P. Malloy, who announced the agreement in February with UTC Chairman and CEO Louis Chenevert, released a statement praising the vote. Malloy said he plans to sell the bill.
“This agreement will bolster the state’s aerospace sector, encourage business growth and investment and, most importantly, foster the retention and creation of thousands of good-paying jobs with good benefits for Connecticut residents,” Malloy said.
Although the proposal had bipartisan support in the Senate, some Republicans questioned the policy.
Sen. Rob Kane, R-Watertown, said he was conflicted on the bill because the state was willing to throw resources at “the big guy,” while ignoring the complaints and requests of “the little guy.” Kane ultimately voted for it.
MIDDLETOWN, Conn. (AP) -- The chief executive officer of United Technologies Corp. says he was wrong when he said nearly five years ago that Connecticut is a costly place to do business.
CEO Greg Hayes and Gov. Dannel P. Malloy on Wednesday celebrated a new assembly line for subsidiary jet engine maker Pratt & Whitney in Middletown.
The Hartford Courant reports that Hayes said "it's nice to be proven wrong" for telling industry analysts in March 2010 that anyplace outside Connecticut is low-cost. He said Wednesday Connecticut will always be home to United Technologies, an aerospace and building systems manufacturer.
Hayes said he took his lumps for the comment, which Malloy cited in his re-election campaign last fall.
Legislation enacted last year allows United Technologies to use accumulated tax credits to upgrade manufacturing and research operations.
airborne,.....Just finished a book, "The Richest Woman in America", it's about Hetty Green. Hetty was from New Bedford, not far from Lizzie's home in Fall River. Hetty was called the Witch of Wall Sreet. she used to loan money to the city of New York. "The Day they Shook the Plum Tree" and "The Witch of Wall Street" are also books about Hetty Green. Her father owned whale boats and was worth $6.M in1860. Hetty got to dance with the Prince of Wales in NYC. He introduced himself as the Prince of Wales, Hetty said she was the Pincess of Whales. Hetty would eat Warren Buffet's lunch......Kid
Lizzie Borden took an axe and gave her mother 40 whacks......Lizzie,..Are you doing a Brian Williams or a Bill O'Reilly, making stuff up?........Kid
airborne,...With all of the old folks here in FL checking out daily, there are always new vacancies for rich CT retirees. Kind of cool today in the 40's, but warmed up. A bald eagle visited and hung out in the back yard, saw some dolphins patrolling the area and some fishermen floating past. So, it is a tough job, but, somebody has to do it. The sun is moving further north, so, spring may be coming to CT.
Lightened up today on my private UTX holdings, nice profit and dividend capture in 10 days, still on board UTX. My UTC 401-K off to a good star in 2015, up 4% YTD. Obama is going to like redistributing my gains.
"One might even argue that splits increase the eventual cost of liquidating a holding, as you're trading more shares on that sale and likely paying a higher total commission"........If you are an active trader, like me, you need low cost trades. I get 30 free trades a month and then pay $4.95 per trade. This is due to having a CD at my broker / bank. There is no limit on the number of shares or dollar value.....Kid
airborne,........In my new domicile, Florida, I am amused at the billboards on the highways.....Accident lawyers, injury lawyers, divorce for men lawyers, disability lawyers. Most in Congress and in the White House are lawyers, including BHO. I have not had to use my snow blower yet. Talking about Hillary as a job creator, she had a job to do and she outsourced it to Monica. How about that phony baloney Brian Williams, just like that phony baloney #$%$ Blumenthal serving in Viet Nam, never happened. I did see some floating dead bodies in the parking lot today, must have been residuals from NOLA whose former mayor Nagin is in jail. Politicians, the gift that keeps on giving......Kid
I ate my own cooking, bought some UTX today to capture the dividend tomorrow. Better tax treatment on dividends than sort term capital gains. I expect W2B to throw down a penalty flag.
sean,....... I didn't think the board was working due to lack of posts and some posts not showing up. UTX goes x-d on Feb 11, so, if you own it on Feb 10, you capture he dividend. Getting back to yachts, George David claimed to spend $95,000. per week on his yacht during his divorce proceedings. That is not right, maybe he was just trying to buy happiness. I've stopped worrying about GD and Louie and weather they have enough funds to go the distance .....Kid.