JetBlue (JBLU +2.1%) picks Pratt & Whitney (UTX +0.4%) in a ~$1B order for 86 engines to...

|By:, SA News Editor

JetBlue (JBLU +2.1%) picks Pratt & Whitney (UTX +0.4%) in a ~$1B order for 86 engines to equip 40 Airbus SAS A320neo jets the carrier ordered earlier this year, beating out GE and Safran (SAFRY.PK) joint venture CFM International. It's the first U.S. airline customer for the PurePower geared turbofan engine on the A320neo.