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Stock impact report

Canada to back Pratt & Whitney turboprop hybrid engine technology -sources [Financial Post (Toronto, Ontario, Canada)]

Carrier Global Corporation (CARR) 
Company Research Source: Financial Post
the country eyes a broader role in developing new technologies to lower emissions from aviation, two people with knowledge of the matter told Reuters. The unspecified “co-investment” toward a demonstration flight of the hybrid engine for regional turboprops is part of a wider announcement for aerospace expected on Thursday, they said. Toronto man threatens Air Canada agent at Florida airport, saying he has bomb in his bag Advertisement It would be Canada's latest support for the local branch of the U.S. engine maker, a division of Raytheon Technologies Corp . Advertisement Article content Pratt & Whitney, which dominates the turboprop market, has been working toward a flight demonstration of an integrated hybrid engine. Testing is to be performed on a De Havilland Canada Dash-8 100 turboprop. Pratt, De Havilland Aircraft of Canada Ltd, and a spokesman for Innovation Minister François-Philippe Champagne declined comment. Sources declined to be identified as the informat Show less Read more
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