The development sees Indigo moving away from Pratt & Whitney engines to CFM’s 1LEAP-1A engines. IndiGo, India’s biggest airline stated, it has placed a $20 billion order for jet engines from CFM International. The development is significant since it marks… Read More ›
United Technologies
William Ackman’s Pershing Square Capital Management building stake in United Technologies
William Ackman has let it be known that Pershing Square has reversed its position vis-a-vis Herbalife and is now building up a position in aircraft parts maker United Technologies Corp. Despite the fact that 6 years ago William Ackman, billionaire… Read More ›
United Technologies provided $7 million in tax breaks to keep 1069 jobs at its Carrier plant in Indiana
While Trump has quickly claimed credit for saving American manufacturing jobs, here’s more details of the deal. This agreement is yet to be finalized. State officials from Indiana have agreed to provide Carrier’s parent, United Technologies Corp, a tax break… Read More ›