Pratt & Whitney
Coverage of Pratt & Whitney in the Nexus archive.
- International tourism to Mexico drops in May, stressing the airline industry
International tourism to Mexico declined in May for the second consecutive month, with a 10% reduction in air travel and significant stock price drops for airlines like Aeroméxico and Viva Aerobus. Airport operators such as ASUR, GAP, and OMA reported year-on-year declines in international passenger traffic, attributed to violence in February, high fuel prices, engine supply issues, and reduced U.S. demand linked to anti-immigration policies.
- After more than 50 years, US engine-maker Pratt & Whitney is shutting down Israel factory
US engine-maker Pratt & Whitney is closing its Israel factory after more than 50 years of operation. The plant, formerly owned by the Wertheimer family, will lay off 600 workers in northern Israel.
- Only 1 in 4 F-35s is fully mission capable, GAO finds
The F-35 Lightning II fleet's full mission capable rate dropped to 25% in fiscal 2025, down from 38% in 2021, due to software delays, parts shortages, and corrosion. The F-35 Joint Program Office's Global Support Solution Reset aims to improve readiness by 2030 but requires an additional $13.7 billion, with risks including private sector capacity constraints and potential funding gaps.