Hints and tips:
...US aerospace and defence group RTX has appointed the former head of its Pratt & Whitney business as its new chief executive, as it continues to navigate the recall of aircraft engines made by the unit....
...Pratt & Whitney parent RTX Corp, formerly Raytheon Technologies, said last month it discovered contaminants in the metal used to manufacture some engine parts, and airlines have been rushing to avoid cancellations...
...Rolls-Royce left the market for single-aisle aircraft more than a decade ago when it pulled out of a joint venture with Pratt & Whitney of the US....
...Ares has promoted Julie Solomon, its chief operating officer of real estate, to co-head the property division....
...Airlines should consider curtailing capacity beyond anything Pratt & Whitney engine recalls have coincidentally required....
...Growth at Raytheon in 2022 was a solid 6 per cent, much of it driven by double-digit gains at its aerospace units Collins and Pratt & Whitney....
...In 1957, Moore was part of a group that quit to form a new business, Fairchild Semiconductor, as a division of a larger company....
...the world’s biggest private equity investors has warned that the industry’s golden age of buyouts may have come to an end....
...London-based Goldman Sachs trader Riccardo Riboldi is leaving the firm, marking another exit from its equities division in recent weeks alongside that of newly retired veteran Joe Montesano....
...On an earnings call last week, Greg Hayes, chief executive of Raytheon, which owns engine maker Pratt & Whitney, said the lack of castings stemmed from labour shortages....
...The combined group, which includes Raytheon’s defence and missile businesses, engine maker Pratt & Whitney and Collins Aerospace, had identified “more than $10bn of revenue opportunities” from sharing technologies...
...The company left the market nearly a decade ago when it pulled out of a joint venture with Pratt & Whitney of the US....
...Elon Musk has said he would reverse Donald Trump’s ban from Twitter, accusing the social media company of leftwing bias that had aggravated political divisions in the US....
...Robert Tsao, founder of contract chipmaker United Microelectronics Corp, announced that he would contribute NT$3bn ($100mn) towards Taiwan’s defence....
...No one aboard United Airlines flight 328 or on the ground was injured, but planes using the engines from P&W, a division of Raytheon Technologies, were effectively grounded in the wake of the incident....
...Beijing Jiankun Investment Corp....
...Records from the aviation data provider Cirium suggested that maintenance was performed by United Technical Operations, the maintenance, repair and overhaul division of the Chicago-based airline, with Pratt...
...Gretchen Watkins, president of Shell’s US division, said providing reliable sources of energy while tackling climate change was “one of the defining challenges of our time”, but underlined the importance...
...“Before SpaceX we only really had the ULA, so we’re in a better position than we were,” says Phil McAlister, director of Nasa’s commercial space flight division....
...A regional spokeswoman for Pratt & Whitney referred questions about the impact of the US defence department’s move to parent company Raytheon Technologies....
...From behind the wheel of the latest models, FT reporters talk about the cars, the technology and the companies and countries that will come out on top....
...Commenting on the co-ordinated approach, Alan Kohler, assistant director of the FBI’s counter-intelligence division, said foreign spies “must now contend with the efforts of five united countries working...
...“Somewhere there is likely to be a role for hydrogen and we will be ready,” said Michael Winter, senior fellow for advanced technology at US aero-engine group Pratt & Whitney....
...“We still really lack an understanding of the effects of what Russia is doing,” says Kendall-Taylor, who said rules of the road would help....
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