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.

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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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