UNITED TECH <UTX> SEES NO EARNINGS IMPACT
United Technologies Corp said
the decision by an international consortium not to develop a
new engine would have no impact on 1987 or 1988 earnings.
    <International Aero Engines>, IAE, 30 pct owned by United
Technologies' Pratt and Whitney division, has decided not to
launch a superfan version of its V2500 engine.
    "We've told analysts that IAE's decision not to launch a
full development program of the IAE superfan for certification
in 1991 will have no short term impact on earnings," a United
Technologies spokesman told Reuters.
    Short term refers to 1987 and 1988, the spokesman said. He
declined to elaborate.
    IAE's other owners are Rolls Royce PLC, <Japanese Aero
Engines Corp>, Fiat SPA and <MTU> of West Germany.
    Analysts are estimating United Technologies will earn 3.75
dlrs to 4.50 dlrs a share in 1987. It reported earnings of 36
cts a share in 1986, which included two large writeoffs.
 Reuter
