Rising fleet utilization, a soon-to-be growing installed base and a bigger share of engines under long-term maintenance agreements has Pratt & Whitney bullish on its aftermarket outlook, United Technologies Corp. (UTC) CEO Louis Chenevert says. “The good news is the airlines are flying. The cycles are there, the hours are there,” Chenevert said during the Deutsche Bank Global Industrials and Basic Materials Conference June 4. “So we always said when we had the ...
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