Pratt & Whitney Cuts Jet-Engine Delivery Goal as Output Lags
- Company to hand over about 150 units, down from planned 200
- Complex fan blades, other parts taking too long to produce
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Pratt & Whitney cut the 2016 target for deliveries of its new jet engine as the company grapples with production issues that have marred the turbine’s rollout.
The engine maker will hand over about 150 units this year, down from the 200 it previously expected, according to Greg Hayes, chief executive officer of Pratt parent United Technologies Corp. The company is working with airlines and plane manufacturers to adjust the schedule, he said.