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Stock Market & Financial Investment News

News Breaks
April 7, 2014
15:03 EDTUTX, EADSYUnited Technologies unit to provide engines for 30 more Lufthansa A320neos
Lufthansa has selected PurePower PW1100G-JM engines from Pratt & Whitney, a division of United Technologies (UTX), for an additional 30 Airbus (EADSY) A320neo family aircraft. This order will bring the total number of PW1100G-JM engine-powered aircraft in Lufthansa's fleet to 60, Pratt & Whitney said. Deliveries are scheduled to start in 2019 and continue through 2021.
News For UTX;EADSY From The Last 14 Days
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July 14, 2014
06:36 EDTEADSYBoeing 'comfortable' with range amid Airbus overhaul plan, Reuters says
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06:29 EDTEADSYBritish Airways owner issues order for 20 A320neo planes, Reuters says
British Airways (BAIRY) owner IAG issued an order for 20 Airbus (EADSY) 320neo jets, an agreement valued at well over $1B at list prices, and which occurred on first day of the Farnborough Airshow, according to Reuters, citing a statement from IAG. Reference Link
05:32 EDTUTXUTC Aerospace enters long-term agreement with SkyWest
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05:30 EDTEADSY, UTXUTC Aerospace selected by Airbus to provide wheels, brakes for A320neo facility
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July 13, 2014
20:57 EDTUTXPratt & Whitney PurePower engine saves additional 2% on fuel burn
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12:56 EDTUTX, EADSYUTC Aerospace selected by Airbus for long-term maintenance pact
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12:51 EDTUTXUTC Aerospace selected by Boeing for wheels, brakes on 737 MAX
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12:47 EDTUTXUTC Aerospace awarded USAF contract to upgrade SYERS-2 imaging sensor fleet
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11:40 EDTEADSYAmerican selects CFM engine to power A320 in order valued $2.6B
American Airlines (AAL) has selected CFM International’s advanced LEAP-1A engine to power its new fleet of 100 Airbus (EADSY) A320neo family aircraft. CFM values the engine order at $2.6B U.S. at list price. The aircraft order was originally announced in July 2011 and American will begin taking delivery in 2017. American also has orders for LEAP-1B engines to power 100 Boeing 737 MAX aircraft, which are also scheduled to be delivered beginning in 2017. American has been a CFM customer since 1996 and the airline’s fleet includes 375 Airbus A320 Family and Boeing 737 aircraft powered by CFM56 engines. CFM International is a 50/50 joint company between Safran and General Electric (GE).
July 12, 2014
18:08 EDTEADSY, UTXeasyJet said to choose GE-Safran engine for Airbus jets, WSJ says
easyJet (ESYJY) is set to order engines from a partnership of General Electric (GE) and France's Safran to power 100 Airbus Group (EADSY) NV A320neo jets, says the Wall Street Journal. According to the WSJ report United Technologies (UTX) unit Pratt & Whitney was also aggressively competing for the order. Reference Link
16:35 EDTUTXSikorsky, Boeing selected to develop ‘Digital Backbone’ for Future Vertical Lift
Boeing (BA) and Sikorsky Aircraft, a subsidiary of United Technologies (UTX) have been selected to help develop the Joint Common Architecture, JCA, standard for the U.S. Army’s Joint Multi-Role, JMR, Science and Technology program, an element of the Future Vertical Lift, FVL, initiative. The Technology Investment Agreement was awarded by the U.S. Army Aviation Applied Technology Directorate on June 30.
July 11, 2014
13:08 EDTEADSYAirbus to debut revamped A330 at airshow, Reuters says
Airbus will debut its revamped and rebranded A330 passenger jet at a launch expected to begin next week's Farnborough Airshow, according to Reuters, citing people familiar with the matter. The A330-800neo and A330-900neo will be updated variations of the A330-200 and A330-300, respectively. Reference Link
08:49 EDTEADSYAirbus sees upgraded A330 jet 14% more fuel efficient, WSJ reports
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06:46 EDTEADSYAirbus, SMBC in advanced discussions for 100 planes, Reuters says
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July 10, 2014
13:58 EDTUTXPentagon says F-35 fire may have been isolated incident, The Hill says
A fire on an F-35 Joint Strike Fighter plane may have been an isolated incident, and not indicative of a systemic problem, the Pentagon’s chief weapons buyer told lawmakers today, according to The Hill. The Pentagon has grounded the planes, which are made by Lockheed Martin (LMT) and United Technologies (UTX). Reference Link
08:12 EDTUTXPratt & Whitney, U.S. government close to $2B engine deal, WSJ reports
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07:11 EDTEADSYAirbus rebuffs $20.6B IndiGo jet agreement report, Reuters says
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06:29 EDTEADSYAirbus leans toward A330neo air show debut, Bloomberg says
Airbus is poised to announce more fuel-efficient engines for its A330 jet at the Farnborough Air Show next week as it aims to broaden the wide-body’s lifespan, according to Bloomberg, citing people with knowledge of the plans. A company spokesman said that the French firm had no comment prior to an official decision regarding the A330 air show debut. Reference Link
July 9, 2014
07:07 EDTEADSYFour current and former Airbus employees arrested in SFO probe, Telegraph says
Four current and former Airbus employees have been arrested by the U.K.'s Serious Fraud Office as part of its investigation into alleged corruption at a unit of the company that operates in Saudi Arabia, the Telegraph reports. The four work or have worked for the company's GPT division, the publication notes. Reference Link
06:27 EDTEADSYAirbus employees contacted by U.K.'s Serious Fraud Office, WSJ reports
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