Airbus says Pratt & Whitney catching up on engine delays

July 19, 2018

FARNBOROUGH, England (Reuters) – European planemaker Airbus <AIR.PA> said on Wednesday that supplier Pratt & Whitney <UTX.N> was catching up on engine delays and there would be an improvement especially in the second half of the year.

Airbus has faced a backlog of up to 100 A320neo jets sitting on the ground outside factories without their engines due to delays in deliveries, mainly from U.S.-based Pratt & Whitney.

Airbus is holding an investor meeting on day three of the Farnborough Airshow near London.

(Reporting by Tim Hepher; Editing by Mark Potter)

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July 19, 2018 at 07:00AM
from One America News Network