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United Technologies Corp (UTX.N)

UTX.N on New York Stock Exchange

125.30USD
14 Jun 2019
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$0.49 (+0.39%)
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Latest Key Developments (Source: Significant Developments)

Interglobe Aviation Sees 5% improvement in unit revenue going forward
Monday, 27 May 2019 

May 27 (Reuters) - Interglobe Aviation Ltd ::EXEC SAYS INTERNATIONAL FLIGHTS REPRESENTS 20 PERCENT OF TOTAL CAPACITY.EXEC SAYS IMPROVEMENT IN QTRLY RASK PRIMARILY DRIVEN BY HIGHER YIELDS, WHICH OFFSET LOWER LOAD FACTORS.EXEC SAYS DO NOT EXPECT TO PLACE AN ORDER FOR WIDE BODY PLANES IN NEAR TERM.EXEC SAYS SEE 5 PERCENT Y-O-Y IMPROVEMENT IN UNIT REVENUE GOING FORWARD.EXEC SAYS WITH JET SHUTDOWN THERE WAS A FARE INCREASE BUT EXPECT THAT TO END IN JUNE.EXEC SAYS LOT OF IMPROVEMENTS ACHIEVED IN PRATT ENGINE PERFORMANCE IN LAST ONE YEAR.EXEC SAYS ALL OPTIONS OPEN, INCLUDING LOW-COST BUSINESS CLASS, WHEN LOOKING AT LONG HAUL FLIGHTS.EXEC SAYS AS OUR CASH STARTS BUILDING UP, WILL UTILISE SOME OF IT TO BUY PLANES.EXEC SAYS NO DIFFERENCES ON STRATEGY, INTERNATIONAL EXPANSION, MANAGEMENT SELECTION BETWEEN AIRLINE'S TWO PROMOTERS.EXEC SAYS ONLY ONE DIFFERENCE BETWEEN THEM WHICH WE HOPE WILL BE RESOLVED SOON.EXEC SAYS EXPECT TO TAKE DELIVERIES OF 53 NARROW BODY PLANES, 11 ATRS THIS FISCAL.  Full Article

United Technologies Sets Quarterly Dividend Of $0.735 Per Share
Monday, 29 Apr 2019 

April 29 (Reuters) - United Technologies Corp ::SETS QUARTERLY DIVIDEND OF $0.735 PER SHARE.  Full Article

Keesler Air Force Base To Boost Resiliency With $32.7 Million Noresco Energy Savings Performance Contract
Monday, 29 Apr 2019 

April 29 (Reuters) - United Technologies Corp ::KEESLER AIR FORCE BASE TO BOOST RESILIENCY WITH $32.7 MILLION NORESCO ENERGY SAVINGS PERFORMANCE CONTRACT.NORESCO - IMPLEMENTING IMPROVEMENTS AT KEESLER AIR FORCE BASE THROUGH A $32.7 MILLION GUARANTEED ENERGY SAVINGS PERFORMANCE CONTRACT.  Full Article

United Technologies Sets Quarterly Dividend Of $0.735Per Share
Monday, 4 Feb 2019 

Feb 4 (Reuters) - United Technologies Corp ::SETS QUARTERLY DIVIDEND OF $0.735PER SHARE.  Full Article

Hanwha AeroSpace Wins $1.7 Bln Order From Pratt & Whitney
Tuesday, 22 Jan 2019 

Jan 23 (Reuters) - Hanwha AeroSpace Co Ltd <012450.KS> in a press release::SAYS WINS ORDER WORTH $1.7 BILLION FROM PRATT & WHITNEY TO SUPPLY ENGINE PARTS FOR 40 YEARS.SAYS TO BEGIN ENGINE PARTS PRODUCTION FROM 2022.  Full Article

Pratt & Whitney Lands EngineWise Service Agreement With Binter Canarias
Friday, 21 Dec 2018 

Dec 21 (Reuters) - Pratt & Whitney::PRATT & WHITNEY LANDS ENGINEWISE SERVICE AGREEMENT WITH BINTER CANARIAS.PRATT & WHITNEY - AGREEMENT WILL COVER BINTER CANARIAS' FLEET OF THREE EMBRAER E195-E2 AIRCRAFT.PRATT & WHITNEY - AGREEMENT INCLUDES PURCHASE OF ONE PW1900G SPARE ENGINE..  Full Article

United Technologies says Intention To Separate Into Three Independent Companies
Monday, 26 Nov 2018 

Nov 26 (Reuters) - United Technologies Corp ::UNITED TECHNOLOGIES ANNOUNCES INTENTION TO SEPARATE INTO THREE INDEPENDENT COMPANIES; COMPLETES ACQUISITION OF ROCKWELL COLLINS.TAX-FREE SEPARATION TO UTC SHAREOWNERS FOR U.S. FEDERAL INCOME TAX PURPOSES EXPECTED TO BE COMPLETED IN 2020.OTIS AND CLIMATE, CONTROLS & SECURITY BUSINESSES TO BECOME INDEPENDENT COMPANIES.FOLLOWING SEPARATION, UTC TO OPERATE AS A AEROSPACE COMPANY COMPRISED OF COLLINS AEROSPACE SYSTEMS AND PRATT & WHITNEY BUSINESSES.CCS WILL BE RENAMED CARRIER.GREGORY HAYES WILL OVERSEE TRANSITION AND WILL CONTINUE IN HIS CURRENT ROLE AS UTC CHAIRMAN AND CEO FOLLOWING SEPARATION.UNTIL PLANNED TRANSACTIONS ARE COMPLETED, UTC EXPECTS TO CONTINUE TO PAY A QUARTERLY DIVIDEND OF NO LESS THAN 73.5 CENTS/SHARE..THREE COMPANIES TOGETHER ARE INITIALLY EXPECTED TO PAY A QUARTERLY DIVIDEND THAT IS IN SUM NO LESS THAN 73.5 CENTS PER SHARE.ONE-TIME TRANSACTION COSTS ARE EXPECTED TO INCLUDE NON-U.S. TAX EXPENSE, DEBT FINANCING, OPERATIONAL SEPARATION ACTIVITIES.SEES 2018 SALES OF $64.5 BILLION TO $65.0 BILLION, UP FROM $64.0 BILLION TO $64.5 BILLION.SEPARATIONS IS EXPECTED TO BE COMPLETED IN 2020, WITH SEPARATION ACTIVITIES OCCURRING WITHIN NEXT 18-24 MONTHS.UTC ALSO EXPECTS $500 TO $750 MILLION OF ACCRETION TO FREE CASH FLOW IN 2019 FROM ROCKWELL COLLINS.THERE IS NO CHANGE IN COMPANY'S PREVIOUSLY PROVIDED 2018 EXPECTATIONS FOR ORGANIC SALES GROWTH OF APPROXIMATELY 6 PERCENT.SEES 2018 ADJUSTED EPS OF $7.10 TO $7.20.  Full Article

United Technologies says announcing intention to separate into three independent companies
Monday, 26 Nov 2018 

Nov 26 (Reuters) - :UNITED TECHNOLOGIES SAYS ANNOUNCING INTENTION TO SEPARATE INTO THREE INDEPENDENT COMPANIES AND COMPLETION OF ROCKWELL COLLINS ACQUISITION.UNITED TECHNOLOGIES ANNOUNCEMENT TO SEPARATE INTO 3 COMPANIES MOMENTARILY APPEARED ON THE COMPANY’S WEBSITE.  Full Article

China Eastern Airlines Selects Pratt & Whitney APS3200 Auxiliary Power Unit For Fleet Of 70 New Airbus A320 Family Aircraft
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Pratt & Whitney::CHINA EASTERN AIRLINES SELECTS PRATT & WHITNEY APS3200 AUXILIARY POWER UNIT FOR FLEET OF 70 NEW AIRBUS A320 FAMILY AIRCRAFT.PRATT & WHITNEY- PRATT & WHITNEY CANADA AND CHINA EASTERN HAVE ALSO SIGNED LONG-TERM COMPREHENSIVE SUPPORT AGREEMENT TO COVER APS3200 APU MAINTENANCE.  Full Article

Loong Air Selects Pratt & Whitney APS3200 Auxiliary Power Unit For Fleet Of Up To 34 New Airbus A320 Family Aircraft
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Pratt & Whitney::LOONG AIR SELECTS PRATT & WHITNEY APS3200 AUXILIARY POWER UNIT FOR FLEET OF UP TO 34 NEW AIRBUS A320 FAMILY AIRCRAFT.PRATT & WHITNEY- PRATT & WHITNEY CANADA AND LOONG AIR HAVE ALSO SIGNED A LONG-TERM COMPREHENSIVE SUPPORT AGREEMENT TO COVER APS3200 APU MAINTENANCE.  Full Article

CFM erases jet engine output delay, cautious on rate increases

PARIS, June 15 CFM International has caught up with delays in deliveries of its LEAP jet engine after keeping its assembly lines running at high speed while the Boeing 737 MAX remains grounded, the French-American engine maker said on Saturday.