Strong performance from legacy aerospace business and the recently integrated Rockwell Collins line helped propel United Technologies Corp. (UTC) to “another strong quarter,” UTC President and CEO Greg Hayes said July 23.
Dutch pension investor PGGM Infrastructure Fund has agreed to take a 25% stake in aircraft lessor Macquarie AirFinance, with further funds available to support future growth.
The stories of Primera Air, Monarch and Air Berlin have highlighted just how competitive the industry has become, particularly in the cut-throat European shorthaul sector.
