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United Technologies Corp (UTX)

UTX on New York Consolidated

116.73USD
22 Nov 2017
Change (% chg)

$-0.31 (-0.26%)
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$117.04
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$116.55
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Latest Key Developments (Source: Significant Developments)

‍Pratt & Whitney announces definitive agreement with Air China and Shenzhen Airlines
Wednesday, 15 Nov 2017 07:00am EST 

Nov 15 (Reuters) - Air China Ltd <601111.SS>::‍Pratt & Whitney says a definitive agreement with Air China Limited and Shenzhen Airlines for 60 Airbus A320neo family aircraft​.‍Pratt & Whitney says contract with Air China includes a 15-year Pratt & Whitney EngineWis fleet management program​.  Full Article

BRIEF-Pratt & Whitney Canada says signed fleet management program contract with Abu Dhabi Aviation​
Monday, 13 Nov 2017 11:00pm EST 

Repeats to add Reuters Instrument Code; no change to text:SIGNED A 20-YEAR FLEET MANAGEMEN PROGRAM CONTRACT WITH ABU DHABI AVIATION​.CO TO PROVIDE ABU DHABI AVIATION WITH CUSTOMIZED ENGINE SUPPORT SERVICES FOR ITS PT6C-67C-POWERED HELICOPTER FLEET​.  Full Article

United Technologies says ‍issued EUR 750 mln of floating rate notes due 2019​
Monday, 13 Nov 2017 07:44am EST 

Nov 13 (Reuters) - United Technologies Corp :United Technologies says ‍issued EUR 750 million of floating rate notes due 2019​ - SEC filing.United Technologies - ‍expects to use proceeds from issuance of notes to fund repayment of commercial paper​.  Full Article

UTC Aerospace selected to supply wheels and brakes to four airlines
Sunday, 12 Nov 2017 11:00pm EST 

Nov 12 (Reuters) - UTC Aerospace Systems :Co selected to supply wheels and brakes to four airlines: Flydubai, JetSmart, Virgin Atlantic and Xiamen Airlines​.Agreements include more than 160 aircraft and represent more than $56 million in new business for UTC Aerospace Systems.  Full Article

United Technologies prices offering of Euro-denominated senior notes
Monday, 6 Nov 2017 09:31am EST 

Nov 6 (Reuters) - United Technologies Corp :United Technologies prices offering of Euro-denominated senior notes.United Technologies Corp - ‍Priced an offering of EUR 750 million aggregate principal amount of senior floating rate notes due 2019​.  Full Article

U.S. CPSC says Kidde recalls 40.5 mln fire extinguishers
Thursday, 2 Nov 2017 07:00am EDT 

Nov 2 (Reuters) - ‍U.S. CPSC::‍Kidde recalls 40.5 million fire extinguishers with plastic handles due to failure to discharge and nozzle detachment​.In relation to recall of fire extenguishers, Kidde is aware of a 2014 death involving a car fire following a crash​.  Full Article

India's IndiGo facing challenges in obtaining slots at major airports
Tuesday, 31 Oct 2017 08:36am EDT 

Oct 31 (Reuters) - Interglobe Aviation Ltd ::Says facing challenges in obtaining slots at major airports during peak times.Says has flexibility under contract with Airbus <<>> to switch to other planes from A320neo aircraft.Says will still look at buying aircraft despite 5 percent goods and services tax.  Full Article

India's IndiGo expects to take 12-15 months to resolve Pratt & Whitney engine issues
Tuesday, 31 Oct 2017 08:00am EDT 

Oct 31 (Reuters) - Interglobe Aviation Ltd ::Says has started receiving spare engines from Pratt & Whitney, no planes on ground.Says does not expect to receive same magnitude of credit from manufacturers going forward.Says expect it to take 12-15 months to resolve issues with Pratt & Whitney engines.Says booked a forex loss of 460 million rupees this quarter versus gain of 346 million rupees year ago.Says looking at owning ATR small planes outright, will take first delivery in December.  Full Article

Hexcel, UTC Aerospace Systems extend existing contract through 2030
Monday, 30 Oct 2017 04:15pm EDT 

Oct 30 (Reuters) - Hexcel Corp ::Hexcel and UTC Aerospace Systems extend existing contract through 2030.Hexcel - contract with UTC Aerospace Systems' aerostructures business to supply advanced composites for commercial aerospace programs extended.Hexcel Corp says ‍expects extension to generate total sales of more than $1 billion throughout its term​.  Full Article

UTC says on track to achieve its 2017 GTF engines target of 350-400 units - Conf call
Tuesday, 24 Oct 2017 12:21pm EDT 

Oct 24 (Reuters) - United Technologies Corp :Says with 254 engines shipped year-to-date, Pratt remains on track to deliver 350 to 400 engines this year.Says co is looking at design alternatives that are expected to further improve durability of the GTF engine.Says allocated more of the GTF engines produced towards spares to support airline operators who are dealing with engine durability issues.Says continue to expect EPS growth in 2018 with each of its 4 business units being flat to up in earnings next year.  Full Article

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Airbus faces tricky hurdles over stalled A380 Emirates deal

DUBAI A preliminary deal to sell 36 A380s to Emirates blew up in an Airbus hospitality chalet moments before the Gulf carrier was expected to shower $30 billion on the planemaker and its U.S. rival Boeing at the start of last week's Dubai Airshow.