CFM International, the General Electric Co. engine venture with Safran SA, plans to lift output by more than 10 percent by 2019 as it seeks to satisfy growing demand from Boeing Co., Airbus SAS, and China’s Comac.
An engine failure aboard a Spirit Airlines Inc. plane is being probed by the U.S. National Transportation Safety Board, which is recalling some employees furloughed in the U.S. government shutdown that began Oct. 1.
Kingfisher Airlines Ltd., the carrier that’s halted flights after defaulting on payments to employees and airports, filed a $234 million lawsuit for damages from International Aero Engines AG, citing engine defects.
United Technologies Corp. posted higher third-quarter profit than analysts estimated after boosting aerospace sales by purchasing Goodrich Corp. and a controlling stake in the International Aero Engines venture.
Rolls-Royce Holdings Plc said it will receive 293 million euros ($382 million) in cash from the sale of half of a military helicopter-engine joint venture to partner Safran SA as it cleans up its holdings.
United Technologies Corp. ’s Pratt & Whitney unit accused jet-engine maker Rolls-Royce Group Plc of unfairly using patent litigation to keep it from re-entering the biggest segment of the commercial-airline market.