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DUBAI - Ethiopian Airlines has signed an agreement with Collins Aerospace, an RTX (NYSE:RTX) business, to provide premium lie-flat business class seating for its Airbus A350 and Boeing 737 MAX aircraft, according to a press release statement. RTX, with a market capitalization of $235.48 billion and impressive year-to-date returns of nearly 54%, continues to strengthen its position in the aerospace sector through its Collins Aerospace division.
The agreement, announced Tuesday at the Dubai Air Show, will equip Ethiopian's 11 new A350-900 aircraft with Collins Elevation suites, featuring privacy doors and expanded living space. Additionally, 56 Boeing 737 MAX aircraft will receive Collins' Parallel Diamond business class seats.
The Elevation suites offer a reverse herringbone design with integrated stowage areas, while the Parallel Diamond seats for the 737 MAX fleet can transform into 78-inch lie-flat beds and are angled toward windows to maximize passenger space.
"Collins' suite of premium business class solutions are distinctly tailored to reflect and amplify Ethiopian's rapidly expanding brand to travelers across the globe," said Cynthia Muklevicz, vice president of Global Airlines & Lessors at Collins Aerospace.
Ethiopian Airlines Group Chief Operating Officer Retta Melaku stated the airline is investing in products that would "take our customers' comfort and overall flight experience to the next level."
This agreement builds on the existing relationship between Ethiopian Airlines and Collins Aerospace, which is also providing Elevation suites for the airline's previously announced Boeing 777-9 order, ensuring consistency across different aircraft types in the carrier's fleet.
Ethiopian Airlines currently operates flights to more than 160 domestic and international destinations across five continents, according to the company.
In other recent news, RTX Corporation has been at the center of several significant developments. Germany has requested to purchase up to $3.5 billion in missiles from RTX, aiming to bolster its military capabilities with 173 Standard Missile 6 Block I and 577 Standard Missile 2 Block IIIC missiles. Additionally, Raytheon, an RTX business, and Avio have signed a Memorandum of Understanding to establish a new solid rocket motor manufacturing facility in the United States, enhancing Avio's position as a vertically integrated merchant supplier in the U.S. market. Raytheon will have preferred access to part of the plant's production to meet future demand.
Moreover, Raytheon UK has secured a contract to provide orbital analysts for the UK's Space Domain Awareness mission, utilizing its NORSSTrack software to track satellites and monitor space debris. Meanwhile, Pratt & Whitney Canada, part of RTX, has delivered the first PW127XT-S development engines to Deutsche Aircraft for its D328eco regional turboprop aircraft. This delivery marks a significant milestone as the aircraft aims for service entry in 2027, promising reduced fuel consumption and increased passenger capacity. These are the latest developments surrounding RTX Corporation and its subsidiaries.
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