Thai Airways Drops Rolls-Royce for 45 Boeing Jets

Thai Airways has chosen General Electric over Rolls-Royce as its supplier of next-generation widebody engines for its 45 Boeing aircraft order, dealing a blow to the UK company's efforts to improve profitability. Rolls-Royce had faced public criticism from Thai Airways in November over pricing concessions, and the move marks one of the first public losses for Rolls as a result of its tougher stance with customers. The order provides a much-needed boost for Boeing amid manufacturing scrutiny, and Thai Airways plans to unveil more details at the upcoming Singapore air show.