Paris Air Show: Pratt & Whitney is having a good week, with LATAM Airlines choosing the...
Paris Air Show: Pratt & Whitney is having a good week, with LATAM Airlines choosing the company's geared turbofan engines to power 42 Airbus A320 aircraft in a deal worth $1.4B (PR). The booking adds to orders for 730 engines that P&W will receive for its geared turbo fan engine after it was picked for Embraer's next-generation E-Jet. P&W has also received a booking to power 12 A320s from Aviation Capital Group (ACG) (PR). The United Tech (UTX) unit expects revenue to double to over $24B by 2020 from $12.2B in 2010.
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