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Stock impact report

Airbus Says 30% of Pratt-Powered A320neo Jets Flawed [Bloomberg Business News]

UNITED TECHNOLOGIES (UTX) 
Last united technologies earnings: 1/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: utc.com/investors/pages/default.aspx
Airbus SE said almost a third of its Pratt & Whitney-powered A320neo aircraft are affected by a new engine glitch that has forced the European planemaker to halt some deliveries of the popular narrowbody jet. Of the 113 Pratt-powered aircraft in operation worldwide, about 30 percent are equipped with either one or two flawed engines, the planemaker said in an emailed response to questions from Bloomberg News on Monday. The issues are different from faults that have previously afflicted the engine type and are from the most recent batches to come off the engine-maker’s production line. The European manufacturer has been forced to suspend deliveries of A320neos with Pratt engines, according to IndiGo , the Indian low-cost airline that’s the plane’s biggest customer. The disclosure of new problems with the Pratt engines late last week marks a blow for the A320neo, Airbus’s best-selling plane. Chief Executive Officer Tom Enders had recently signaled the compan Show less Read more
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