P&W Share of Sichuan Airlines Order Potentially Valued at $100 M

(Singapore, February 2, 2010) -- Sichuan Airlines selected International Aero Engines (IAE) V2500 engines to power its latest fleet of Airbus A320s currently on order. The agreement includes V2500 SelectOne(tm) engines for 12 firm aircraft, scheduled to be delivered between 2011 and 2015. The potential value of the order to Pratt & Whitney is approximately $100 million. Pratt & Whitney is a United Technologies Corp. (NYSE: UTX) company and a major participant in IAE.

The deal includes a long-term IAE Aftermarket Services Agreement with coverage that includes overhaul, engine health monitoring and on-wing coverage.


In Greater China, the V2500 powers over 250 aircraft in service, and there are more than 150 IAE-powered aircraft currently on order in the region. The V2500 was also the launch engine for the Airbus Final Assembly Line China (FALC) in Tianjin in 2009, where nine of the first 10 aircraft produced were powered by IAE.

The new IAE-powered aircraft are the latest V2500 SelectOne(tm) build standard offering benefits of reduced CO2 emissions and noise levels, as well as up to one percent additional fuel burn, bringing the V2500's total advantage over competing products to up to four percent.

The V2500 is available in seven different thrust settings, from 22,000 to 33,000 lbs., to power the Airbus A319, A320 and A321 family of aircraft as well as the A319 Corporate Jet.

Source : Pratt & Whitney, A United Technologies Company (NYSE:UTX)