GE, United Tech Are Catching Up On Jet Engine Output Targets: Airbus

The jet-engine units of General Electric (GE) and United Technologies (UTX) are hitting targets to catch up on production, after engine problems left Airbus (EADSY) short of delivery goals for 2018.


Pratt & Whitney, United Tech's aviation unit, and CFM International, a joint venture between GE and France's Safran, are on track with a recovery plan, Reuters reported Thursday, citing an executive at the European aircraft maker.

"We have agreed on a plan with both of them to catch up with...

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