InvestorsHub Logo
Followers 24
Posts 1624
Boards Moderated 0
Alias Born 09/24/2006

Re: None

Thursday, 10/19/2017 8:59:25 PM

Thursday, October 19, 2017 8:59:25 PM

Post# of 81998
Continued delays in Aerospace will delay some of the P&W orders. IMHO

Airbus A330neo Stages Delayed Maiden Flight
By REUTERSOCT. 19, 2017, 8:51 A.M. E.D.T.

TOULOUSE, France — Airbus on Thursday staged the delayed maiden flight of its A330neo jetliner, an upgraded version of its profitable A330 series designed to buttress European sales against the latest model of the Boeing 787 Dreamliner.



Bregier said Pratt & Whitney, whose industrial problems have delayed deliveries of Airbus jets, was testing re-designed parts for its engines and expected to start delivering the modified version at the end of this year.



The majority of the delayed jets are destined for airlines that have selected Pratt & Whitney’s new Geared Turbofan engine. CFM International, co-owned by General Electric and Safran, is also supplying engines for the A320neo.


https://www.nytimes.com/reuters/2017/10/19/business/19reuters-airbus-a330neo.html
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SASI News