Sep 11, 2023 SOURCE: AFP
RTX engine issue to hit profit by up to $3.5 bn
RTX, parent company of aerospace manufacturer Pratt & Whitney, said Monday that its profit could take a hit of up to $3.5 billion over the removal of hundreds of engines powering Airbus A320neo jets as it conducts quality checks.
The aviation and defense giant RTX, formerly known as Raytheon, added...
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