Shares of MTU Aero Engines, a prominent German aircraft-engine manufacturer, experienced another decline on Tuesday following an announcement that it expects a significant financial blow this year. Pratt & Whitney's parent company, RTX, revealed plans to recall hundreds of jet engines, resulting in an estimated impact of approximately €1 billion ($1.07 billion). As of 1000 … [Read more...] about MTU Aero Engines Faces Setback as Pratt & Whitney Initiates Engine Recall
Footer
