Monday, November 18, 2019

Replacing Pratt engines in IndiGo fleet by end of January a challenge - CEO

Dubai: Replacing all Pratt & Whitney engines on IndiGo's fleet of almost 100 Airbus planes by Jan. 31, as ordered by India's aviation watchdog, will be challenging but the airline aims to complete the work, its chief executive officer said on Monday.

India's aviation regulator on Nov. 1 ordered IndiGo INGL.NS to replace all Pratt & Whitney (P&W) engines on its fleet of twin-engined Airbus A320neo family aircraft with new P&W power units, following recent inflight engine shutdowns that caused "serious concern".

"It's a challenge. But we have every intention of meeting it. Pratt is helping us and we are trying to make that work as fast as we can," Ronojoy Dutta, IndiGo CEO, told Reuters on the sidelines of the Dubai airshow.

Low cost carrier IndiGo is Airbus' AIR.PA biggest client for A320neo planes, and while the United Technologies' UTX.N P&W engines are fuel efficient there have been issues since they entered service in 2016, forcing the airline to ground its planes several times.

In June, IndiGo, India's biggest airline, dropped P&W in favour of French-U.S. engine venture CFM by agreeing a record $20 billion deal for more than 600 engines to power Airbus jets already on order.

In October IndiGo placed an order for another 300 A320neo-family jets but it has yet to decide the engine provider - P&W or CFM, which is jointly owned by France's Safran SAF.PA and General Electric GE.N of the United States.

"We will be talking to both Pratt and CFM, whoever has the best offer we will give it to them," Dutta said.
18/11/19 Ankit Ajmera/Reuters/Nasdaq

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