Pratt and Whitney: Pratt and Whitney Defends Airbus A320neo

United Technologies Corporation's (NYSE:UTX) Pratt & Whitney unit head has stated that the performance of the company's engines' is back on track after some initial teething issues. In a statement yesterday, the company executive also highlighted that the new engines used by Airbus Group SE (OTCMKTS:EADSY) A320neo reported improved fuel efficiency with noise and emission reduction, on the seven jets delivered to its customers.