HANOI, Vietnam, Nov. 11, 2017 /PRNewswire/ -- Pratt &
Whitney, a division of United Technologies Corp. (NYSE: UTX), and
Vietnam Airlines gathered today for a signing ceremony announcing
the selection of the PurePower Geared Turbofan (GTF) engine to
power 20 A321neo Airbus aircraft. The deal, which is valued at
$1.5 billion at list prices, includes
a 12-year EngineWise™ Fleet Management Program.
The event was hosted during a commercial signing ceremony in
Vietnam's capital, Hanoi, attended by U.S. President Donald Trump
and Mr. Trần Đại Quang, President of the Socialist Republic of
Vietnam, along with Vietnam
Airlines and Pratt & Whitney officials.
"We are pleased to select the GTF engine for our fleet of
A321neo aircraft," said Dương Trí Thành, president and CEO at
Vietnam Airlines. "This engine will deliver superior economic and
environmental performance to Vietnam Airlines."
"We are proud to celebrate this momentous occasion with Vietnam
Airlines," said Rick Deurloo, senior
vice president of sales, marketing and customer support at Pratt
& Whitney. "We've been powering Vietnam Airlines since the
early 1990s when the airline received its first PW4000-powered 767.
We look forward to continuing our strong relationship and long
history with Vietnam Airlines."
Since entering into service in early 2016, the GTF engine has
demonstrated its promised ability to reduce fuel burn by 16
percent, regulated emissions by 50 percent and noise footprint by
75 percent.
About Pratt & Whitney
Pratt & Whitney is a
world leader in the design, manufacture and service of aircraft
engines and auxiliary power units. United Technologies Corp., based
in Farmington, Connecticut,
provides high-technology systems and services to the building and
aerospace industries. To learn more about UTC, visit its website at
www.utc.com, or follow the company on Twitter: @UTC.
This press release contains forward-looking statements
concerning future business opportunities. Actual results may differ
materially from those projected as a result of certain risks and
uncertainties, including but not limited to changes in levels of
demand in the aerospace industry, in levels of air travel, and in
the number of aircraft to be built; challenges in the design,
development, production support, performance and realization of the
anticipated benefits of advanced technologies; as well as other
risks and uncertainties, including but not limited to those
detailed from time to time in United Technologies Corp.'s
Securities and Exchange Commission filings.
Pratt & Whitney
+1 (860) 565-9600
media@pw.utc.com
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SOURCE Pratt & Whitney