Israeli Tycoon Wertheimer Sees Bright Future for Aircraft-engine Business

Eitan Wertheimer, whose family is selling its 51% stake in Blades Technology to partner Pratt & Whitney, sees several years of strong growth in the industry.

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The Wertheimers are selling their controlling stake in turbine maker Blades Technology even though the aircraft-engine industry is poised for six or seven years of rapid growth, Eitan Wertheimer said.