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Pratt Stumbles in $10 Billion Bid to Dethrone GE in Jet Engines

  • Geared turbofan’s production woes hurt Airbus, Bombardier
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A Pratt and Whitney engine sits on the wing of an Airbus A320neo aircraft.
Photographer: Krisztian Bocsi/Bloomberg
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It’s rarely a good sign when you become the butt of jokes.

But that’s what happened to Pratt & Whitney at an industry gathering recently, when John Leahy, the venerable chief salesman of Airbus Group SE, went on about a futuristic airplane -- with an engine that “no doubt will be delivered late.”