There are many ways to show how big the problem is that the American engine manufacturer Pratt and Whitney is currently facing half of the aviation industry: desperate network planners at airlines who no longer know how to transport passengers on flights that have already been sold, when so many planes are missing now. Overwhelmed workshops that don’t know where to find technicians and space for all the engines that now need to be repaired. Or you can simply look at how the shares of the Munich engine manufacturer and Pratt partner MTU Aero Engines have developed in the last two days: They have lost up to 23 percent of their value and the market capitalization has increased by around three to 9.6 billion Euro shrunk.
Air travel 2024: There is a threat of a disastrous flight summer due to chaos at Pratt – Economy
