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https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ8A0D3_L.jpgThe quality issue relates to a rare condition in powder metal used to manufacture certain engine parts.
Shares of the company, whose GTF engines power about half of Airbus A320neo fleet of jets, fell 3.6% before the bell.
“The accelerated removals and incremental shop visits will result in higher aircraft on ground,” RTX said in a statement.
The company expects to record about $3 billion in pre-tax charge in the third quarter, after partners’ share of charges.
Pratt & Whitney is also analyzing the impact of the quality issue on other engine models in its fleet, but that impact is expected to be far less, RTX said.