3 ms·
They are going vertical. It will impact UTC, Airbus, Boeing, etc.
by clvx 8y ago
They are going vertical. It will impact UTC, Airbus, Boeing, etc.
- JacobDotVI 8y agoUnited Technologies once owned United Airlines in a vertical play, before anti-trust pressure led them to split up: >The origin of UTC lies with the company formed in 1928 by William E. Boeing as Boeing Airplane & Transport Corporation, which held controlling interests in Boeing Airplane Company, Boeing Air Transport Inc., and Pacific Air Transport (see Boeing Company). Within a year the company was renamed United Aircraft and Transport Corporation and acquired a number of aircraft- and aircraft-component-manufacturing companies including Sikorsky Aviation, Stearman Aircraft, Avion (later Northrop Aircraft), Chance Vought (aircraft), Hamilton (propellers and aircraft), and Pratt & Whitney (engines). In another two years it consolidated four smaller airlines into United Airlines and made it a subsidiary. In response to legislation prohibiting the affiliation of airlines with aviation manufacturers, United Aircraft and Transport Corporation was dissolved in 1934, resulting in three separate companies. Manufacturing facilities west of the Mississippi River became Boeing Airplane Company, those east of it became United Aircraft Corporation, and all transportation services were unified as United Airlines. United Aircraft Corporation retained, among other companies, Pratt & Whitney, Sikorsky, Hamilton Standard (later Hamilton Sundstrand), and Chance Vought. The first three companies remained core units of United Aircraft and then UTC until the early 21st century. from: https://www.britannica.com/topic/United-Technologies-Corporation https://www.britannica.com/topic/United-Technologies-Corpora...
- mountainofdeath 8y agoI remember The Museum of Flight (aka The Boeing Museum) in Seattle has a large display showing the family tree of Boeing, McDonnellDouglas and others. Everything is coming full circle with consolidation.