Airbus Hits Out at Pratt & Whitney Over Engine Shortages

Airbus is slowing down production of its A320. - sergio yate/Agence France-Presse/Getty Images Airbus said it would deliver fewer aircraft than expected this year because of significant shortages of Pratt & Whitney engines, issuing a sharp public rebuke of one of its largest suppliers. Shares of the European plane maker fell as much as 8% on Thursday after the company said the engine issue had forced it to slow production of its bestselling A320 jets—the latest setback in its efforts to capitalize on a p ...

Airbus Hits Out at Pratt & Whitney Over Engine Shortages - Reportify