Airbus Q2 Profit Soars 54%, Drops Pratt & Whitney as Ramp-Up Bottleneck
RTX sits 43% above its 52-week low of $150.613 on light trading volume (0.2× avg).
Summary
Airbus reported Q2 adjusted operating profit of €2.43B, up 54% and beating estimates, on revenue of €20.53B. The planemaker delivered 237 aircraft, a 39% jump, and maintained its full-year target of ~870 deliveries. Critically, Airbus dropped its reference to RTX's Pratt & Whitney as the decisive factor in the A320 production ramp-up, signaling that engine supply disruptions are easing. This follows RTX's own strong Q2 report and raised outlook on July 23, which highlighted improving aftermarket and defense demand. The removal of Pratt as a bottleneck reduces a key overhang for RTX, potentially accelerating commercial aerospace revenue. Defense and Space profit surged 90% to €357M, reinforcing the broader sector strength that RTX is also benefiting from. Watch for RTX's next earnings call for updated commentary on GTF engine deliveries and aftermarket trends.
At the time of this announcement, RTX was trading at $215.95 on NYSE in the Manufacturing sector, with a market capitalization of approximately $291B. The 52-week trading range was $150.61 to $221.34. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.