RTX Confident Over GTF Issues, Unveils Massive Share Buyback
United A321neo with Pratt & Whitney GTF engines.
Credit: Airbus
RTX leaders sought to snuff out financial concerns over its ongoing geared turbofan (GTF) engine problems Oct. 24 as they unveiled relatively expected financial results for the recent third quarter of 2023, as well as an accelerated $10 billion stock buyback plan for shareholders’ benefit. The...
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