Pratt Jet-Engine Checks Trigger Slump in Japan Machinery Stocks
Japanese heavy machinery firms plunged after aerospace giant RTX Corp. cut its full-year sales outlook and said it
1970-01-01 08:00
RTX warns of profit hit as 600-700 GTF engines to be removed for quality checks
Aerospace supplier RTX said on Monday 600 to 700 geared turbofan engines (GTF) will have to be removed
1970-01-01 08:00
Air China Flight Lands in Singapore After Detecting Smoke
Mechanical failure caused an engine fire that led to passengers and crew evacuating an Air China Ltd. flight
1970-01-01 08:00
US FAA issues 30-day inspection mandate for Pratt & Whitney GTF engines
(Reuters) -The Federal Aviation Administration said on Friday it will require some users of Pratt & Whitney's geared turbofan engine
1970-01-01 08:00
Spirit Air Expects More Groundings as Pratt Engine Fallout Grows
Spirit Airlines Inc. has grounded seven planes due to problems with its Pratt & Whitney engines and the
1970-01-01 08:00
Wizz Air Scales Back Growth Plans on Engine Woes, Yields
Wizz Air Holdings Plc scaled back its growth plans citing engine issues as well as a desire to
1970-01-01 08:00
GE Aerospace, Transdigm, CVC Eye Bids for L3Harris Unit
General Electric Co.’s aerospace unit, Transdigm Group Inc. and CVC Capital Partners are among potential suitors for the
1970-01-01 08:00
Superyacht Dinners and Alleged Insider Tips Ensnare Billionaire
On a September night in California aboard the superyacht “Aviva,” one of the UK’s richest men sat down
1970-01-01 08:00
RTX shares tumble on Pratt & Whitney airliner engine problem
By Valerie Insinna, Mike Stone and Pratyush Thakur (Reuters) -Pratt & Whitney on Tuesday hit fresh turbulence over a problem-plagued
1970-01-01 08:00
RTX to take up to 60 days to fix each GTF engine with contamination issue
(Reuters) -RTX Corp will need up to 60 days to inspect and fix each GTF engine used on Airbus jets
1970-01-01 08:00
Safran Agrees to Buy Raytheon Aerospace Assets for $1.8 Billion
Safran SA agreed to buy an aerospace business from Raytheon Technologies Corp. in cash for an enterprise value
1970-01-01 08:00
Europe Can’t Supply Ukraine With Weapons Fast Enough, Here’s Why
“Before, we had time, but no money,” said Tommy Gustafsson-Rask, head of BAE Systems Hägglunds AB, reflecting a
1970-01-01 08:00