TransAsia Airways Firms Options for Additional P&W PurePower PW1100G-JM Engines

TransAsia Airways has converted options for six A321neo aircraft with Pratt & Whitney PurePower® PW1100G-JM engines into firm orders.  Pratt & Whitney will now power TransAsia's order of 12 firm A321neo aircraft. The deal includes a 10-year PureSolutionSM maintenance service agreement for 27 engines, including spare engines. Deliveries are scheduled to start in 2017.  Pratt & Whitney is a division of United Technologies Corp. (NYSE:UTX).

"We are converting these options to firm orders to lock in the savings and value that TransAsia expects to get from the A321neo aircraft and PurePower engines," said Vincent Lin, Chairman of TransAsia Airways. "We are committed to lower operating costs through the use of products like the PurePower engine."

"We are very pleased that TransAsia selected Pratt & Whitney to power its A321neo aircraft fleet," said Todd Kallman, Pratt & Whitney Commercial Engines president. "Pratt & Whitney is very proud to serve TransAsia on the A321neo, and IAE continues to serve TransAsia on its current A321fleet."

Each TransAsia Airways Airbus A321neo   aircraft will be powered by two PurePower PW1100G-JM engines with benefits including double-digit reductions in fuel burn, environmental emissions, engine noise and operating costs when compared with today's engines.

The PurePower engine uses an advanced gear system allowing the engine's fan to operate at a different speed than the low-pressure compressor and turbine. The combination of the gear system and an all-new advanced core delivers the fuel efficiency and environmental benefits.

Source: Pratt & Whitney, A United Technologies Company (NYSE:UTX)
Date: Nov 14, 2012