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News Breaks
July 22, 2014
07:01 EDTUTXUnited Technologies reports Q2 EPS $1.84, consensus $1.71
Reports Q2 revenue $17.19B, consensus $16.48B. Otis new equipment orders increased 3% over the year ago second quarter at constant currency, led by 44% growth in North America. Equipment orders at UTC Climate, Controls & Security increased 2% organically. Large commercial engine spares orders were down 6% at Pratt & Whitney and commercial spares orders increased 28% at UTC Aerospace Systems.
News For UTX From The Last 14 Days
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June 17, 2015
09:51 EDTUTXJefferies to hold company meetings at the Paris Air Show
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09:05 EDTUTXPratt & Whitney AeroPower signs epair support agreement with Air India
Pratt & Whitney AeroPower, a division of United Technologies, has signed a long-term repair support agreement for the APS5000 auxiliary power unit with Air India Ltd., for its fleet of seven future and 20 existing Boeing 787-8 series aircraft. The support agreement covers repairs of the APU and its Line Replaceable Units (LRU).
06:44 EDTUTXUnited Technologies' Pure Power engines selected by China Aircraft Leasing
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05:31 EDTUTXChina Eastern Airlines signs 12-year V-Service agreement
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05:27 EDTUTXUnited Technologies, Titeflex Aerospace announce long-term supply agreement
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June 16, 2015
16:50 EDTUTXAerojet reports termination of potential acquisition of interest in RD Amross
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16:02 EDTUTXEsterline, United Technologies announce long-term supply agreement
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11:59 EDTUTXKorean Air selects Pratt & Whitney's PurePower engines
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09:29 EDTUTXSikorsky Aircraft to deliver seven S-92 helicopters to Bristow Helicopters
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09:14 EDTUTXSMBC Aviation Capital selected Pratt & Whitney's engine for thirty Airbus
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06:10 EDTUTXAirbus, Boeing, Lockheed among companies eyeing Sikorsky, WSJ says
Guillaume Faury, the president of Airbus Helicopters (EADSY), is said to be watching United Technologies' (UTX) plan to offload its Sikorsky unit, though Airbus has not committed to making a bid for its rival, The Wall Street Journal reports. United Tech said yesterday that it will sell or spin off Sikorsky, which makes Black Hawk helicopters, within the next two months. Sources say that in addition to Airbus potentially being interested in Sikorsky, there is also interest coming from Lockheed Martin (LMT), Boeing (BA) and Textron (TXT). Reference Link
05:42 EDTUTXPratt & Whitney and OEM collaborators signs agreement formalizing MRO network
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05:40 EDTUTXWizz Air receives Pure-V recognition for fleet of 120 V2500 engines
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05:39 EDTUTXSAS selects V-services for 50 V2500 engines
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05:39 EDTUTXAir New Zealand extends V2500 engine maintenance agreement with Pratt & Whitney
Air New Zealand has signed a Maintenance Services Agreement extension with the Pratt & Whitney Christchurch Engine Centre to maintain its fleet of 58 V2500 engines for an additional five years supporting the airline's Airbus A320 operations. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines. This announcement follows Air New Zealand's recent selection of Pratt & Whitney's PW1100G-JM engines for 13 firm A320neo family aircraft and provision of fleet management support services for up to 16 years.
05:37 EDTUTXPratt & Whitney enters long term agreement with Levitt Engineering
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05:36 EDTUTXWizz Air selects V2500 engine for 17 aircraft order
Wizz Air has selected the V2500 engine to power a new fleet of 17 previously announced Airbus (EADSY) A321ceo family aircraft. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney (UTX), Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines. This new order supplements an existing order for 179 V2500 engines, bringing the new total number of V2500 engines in Wizz Air's fleet to 213, including spares. The agreement also includes a long-term flight hour agreement.
05:36 EDTUTXPratt & Whitney initiates testing for PurePower PW1900G test engine
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05:34 EDTUTXUTC Aerospace Systems extends long term CARE agreement with Japan Airlines
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05:33 EDTUTXUTC Aerospace Systems CARE program selected by Beijing Capital, Tianjin Airlines
UTC Aerospace Systems has been selected to provide asset management and repair services for components on 44 aircraft operated by Beijing Capital Airlines and Tianjin Airlines. The work will be provided under UTC Aerospace Systems' Comprehensive Accessory Repair and Exchange program. As part of the agreement, UTC Aerospace Systems will provide inventory support and maintenance, repair and overhaul services for the two airlines' Airbus A320 fleet. The 10-year agreement includes support of more than 40 engine accessories on the Pratt & Whitney V2500 engines.
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