In an unprecedented move designed to outflank General Electric and its CFM partner Snecma, Pratt & Whitney and Rolls-Royce have announced plans to form a new engine joint venture to power future mid-size aircraft based initially on the geared turbofan (GTF) configuration. The shock about-turn for Rolls-Royce includes a major re-structuring of International Aero Engines (IAE) under which the U.K. engine maker will sell its equity and program shares for $1.5 billion. The re-structured ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "UPDATE: Rolls Joins Forces With Pratt On Future Geared Turbofan".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.