Malaysia Airlines Selects P&W PW4000 Advantage70 Engines in $680 M Deal

(Kuala Lumpur, Malaysia, July 19, 2010) -- Malaysia Airlines has selected Pratt & Whitney's PW4170 Advantage70(tm) engine to power 17 new Airbus A330 aircraft. The agreement, which includes 15 passenger and two freighter aircraft, would be valued at approximately $680 million at list prices. Delivery of the engines will start in 2011. Pratt & Whitney is a United Technologies Corp. (NYSE:UTX) company. "We are happy with the engine performance and support for our A330 and B747 aircraft engines," said Mr. Azmil Zahruddin, managing director and chief executive officer, Malaysia Airlines. "We are confident that we will enjoy even better engine performance and that Pratt & Whitney will continue to deliver the same high level of support with the PW4170 engines." "Pratt & Whitney looks forward to continuing its strong relationship with our partner Malaysia Airlines," said Todd Kallman, president, Commercial Engines & Global Services, Pratt & Whitney. "We are very proud that Malaysia Airlines again selected Pratt & Whitney dependable engines to power their new A330 fleet." In addition to this agreement, Pratt & Whitney and Malaysia Airlines signed a Memorandum of Understanding to form an engine nacelle repair facility in Malaysia via a joint venture in December 2009. The new facility will become part of the Pratt & Whitney Global Service Partner network. Malaysia Airlines is the national carrier of Malaysia. Together with its airline and cargo subsidiaries, it operates a fleet of more than 100 aircraft offering services around the world.

Source: Pratt & Whitney, A United Technologies Company (NYSE:UTX)
Date: Jul 20, 2010