Wizz Lowers Profit Outlook on Economic, Security Concerns
Wizz Air Holdings Plc lowered its profit outlook for fiscal 2024 as aircraft engine issues, along with growing
2023-11-09 16:51
Bristol Myers to Buy Mirati Therapeutics for $4.8 Billion
Bristol-Myers Squibb Co. has agreed to buy cancer drugmaker Mirati Therapeutics Inc. for $4.8 billion as the company
2023-10-09 09:23
Airlines, suppliers warn of hit from RTX engine snag
Several airlines and aerospace suppliers warned of a hit from U.S. firm RTX's disclosure of a rare manufacturing
2023-09-12 20:47
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
2023-09-11 19:56
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
2023-09-11 13:56
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
2023-08-19 01:54
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
2023-08-04 00:49
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
2023-08-03 15:49
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
2023-08-02 17:19
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
2023-07-26 07:18
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
2023-07-26 04:17
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
2023-07-21 15:00