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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (110212)	7/15/2021 9:23:49 AM
From: Goose94	Read Replies (2) of 203330

Bombardier (BBD.B-T) Canada is expected to announce government support for Pratt & Whitney to bring a hybrid engine to first flight, as the country eyes a broader role in developing new technologies to lower emissions. The unspecified "co-investment" toward a demonstration flight of the hybrid engine for regional turboprops is part of a wider announcement for aerospace expected today. It would be Canada's latest support for the local branch of the U.S. engine maker, a division of Raytheon Technologies. Canada is part of a select group of aircraft-producing nations, alongside the United States, European Union nations and Brazil, but its most well-known plane maker, Bombardier, exited commercial aviation in 2020. Pratt & Whitney, which dominates the turboprop market, has been working toward a flight demonstration of an integrated hybrid engine under an effort called Project 804. Testing is to be performed on a De Havilland Canada Dash-8 100 turboprop. Reuters notes that previously, Pratt had said the hybrid-electric propulsion system could yield an average fuel savings of 30 per cent for regional prop planes

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