P&W Signs 15-Year EngineWise Fleet Management Agreement with Turkish Airlines

Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), today announced that Turkish Airlines signed an agreement for a 15-year Pratt & Whitney EngineWise Fleet Management Program. The agreement will cover Turkish Airlines' future fleet of 92 A321neo aircraft powered by the Pratt & Whitney Geared Turbofan™ (GTF) engines.

"With this fleet management agreement, we are confident we will be able to further optimize our aircraft engine performance, which in turn will benefit our customers," said Levent Konukcu, SVP Investment Management at Turkish Airlines. "We look forward to our GTF-powered aircraft entering revenue service later this year, which will continue to revolutionize the aviation industry."

"Pratt & Whitney and Turkish Airlines have a long-standing relationship, and we thank them for their trust in maintaining their fleet of GTF-powered aircraft," said Rick Deurloo, senior vice president, Sales, Marketing & Customer Support at Pratt & Whitney. "Through EngineWise, we remain committed to delivering world-class aftermarket services to our customers around the world."

Since entering into service in early 2016, the GTF engine has demonstrated its promised ability to reduce fuel burn by 16 percent, to reduce nitrogen oxide emissions by 50 percent to the regulatory standard, and to lower the noise footprint by 75 percent.