Glastonbury, CT (Oct. 12, 2011) – Pratt & Whitney and Rolls-Royce today jointly announced plans to restructure International Aero Engines. Under this agreement, Rolls-Royce will sell its shareholding in IAE to Pratt & Whitney. The agreement is subject to customary closing conditions. Pratt & Whitney intends to discuss a possible offer of a portion of [...]
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Archive for ‘Partnerships’
March 10th, 2011
IAE Board of Directors Announces Extension of Collaboration Agreement
(EAST HARTFORD, CT – March 10, 2011) International Aero Engines AG’s (IAE) Executive Board of Directors has announced the extension of its collaboration agreement to 2045. IAE is a multi-national aircraft engine consortium comprised of Pratt & Whitney (NYSE: UTX), Rolls-Royce (RR.L), Japanese Aero Engines Corporation and MTU Aero Engines. “We are pleased with the [...]
