AAR Corp. (AIR) Misses Q3 EPS by 4c, Miss on Revenues; Offers FY19 EPS/Revenue Mid-Points Outlook Below Consensus
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March 20, 2018 8:58 AM EDT
By Aditi Shah
NEW DELHI (Reuters) - Pratt & Whitney will soon begin deliveries of spare engines to India's IndiGo airlines, which was forced to ground eight of its Airbus (NYSE: AIR) A320neo aircraft last week after engine problems, a source familiar with the matter told Reuters.
P&W, owned by United Technologies Corp (NYSE: UTX), will... More
March 16, 2018 5:33 PM EDT
By Tim Hepher
SEATTLE (Reuters) - Boeing Co (NYSE: BA) has scrambled to reorganize testing of its new 777X to avoid being delayed by engine snags, while robots and mechanics are starting work on the fuselage, the executive who heads efforts to build the world's largest twin-engined jet said in an interview.
Engine supplier General Electric (NYSE: GE) began flight trials of its new GE9X jet engine on Tuesday after a three-month delay caused mainly by a problem in its compressor. But to put the engine... More
March 16, 2018 1:32 PM EDT
By Tim Hepher
SEATTLE (Reuters) - The smallest member of Boeing Co's (NYSE: BA) upgraded narrowbody jetliner range, the 138-seat 737 MAX 7, began a maiden flight on Friday, the start of several months of trials before entering service next year, the company said.
The shortened 737, designed for hot and high conditions or longer journeys than larger narrowbody jets, took off in sunny weather near Seattle at 10:17 a.m. (1717 GMT), watched by Boeing workers and media. The plane was expected to fly for about three hours... More
