Louis Chenevert, chief executive of United Technologies Corp. has stated that airline profitability looks better for 2013 than in recent years. He also stated that UTC’s $18.4 billion purchase of Goodrich Corp. and a $1.5 billion deal by Pratt & Whitney to buy out Rolls-Royce from a joint venture that makes engines for the Airbus A320 are paying off.

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In