United Tech says working to resolve engine delays to Airbus

United Technologies said Thursday it was working to resolve the issues that led to delays in supplying its Pratt & Whitney engines to Airbus. Deliveries of the newest member of Airbus' narrowbody jet family have been disrupted by delays in engine supply. "It is painful to see so many aircraft on ground. Our first priority is to make sure that we can make the airline that has our engine and use the asset, which, by the way, is performing very well," United Tech CFO Akhil Johri said. Deliveries and reliability have been hit by teething problems with the newly developed Geared Turbofan engine. "We are working right now with Airbus to see whether we want to reallocate or change the mix between engines that go towards new aircraft versus what goes into the lease pool this year," Johri said. <br/>