Embraer's Orders Unaffected By Issues With Pratt & Whitney Engines: Report

Raytheon Technologies Corp's RTX subsidiary Pratt & Whitney has reportedly been facing some engine issues.
The Brazilian planemaker Embraer SA ERJ dismissed concerns that engine supplier Pratt & Whitney's troubles would prevent airlines from placing orders, and hinted at potential order announcements at the upcoming Paris Airshow, reported Reuters.
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Arjan Meijer, chief executive of Embraer Commercial Aviation, hinted at an upcoming order from a U.S. regional carrier, which points to the existing version of the E175 flown by regional affiliates of U.S. airlines, which uses different engines.
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Price Action: RTX shares are trading higher by 1.12% at $94.16 on the last check Friday.