Pratt & Whitney, Rolls-Royce withdraw from future engines venture

Pratt & Whitney and Rolls-Royce, former partners in the International Aero Engines (IAE) joint venture (JV), have pulled out of plans to form a new JV that would have developed engines for future narrowbody aircraft. Pratt last year bought out Rolls-Royce’s shares in the IAE JV that produces V2500...

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