labels: aerospace
Paris Air Show: Pratt & Whitney announces new business orders worth US$3.92 billion news
03 July 2007
East Hartford, USA: At the 2007 Paris Air Show in Le Bourget, France, Pratt & Whitney announced new engine and service agreements, including the European launch customer for Global Material Solutions, valued at US$3.92 billion. The company also showcased its industry-leading green technologies for engines and services.

Pratt & Whitney, the world's second largest and fastest growing engine manufacturer, is a division of United Technologies Corp.

"We anticipated the environmental focus of this year's air show and met the demand with best-in-class products and services that can make a difference now and for the next generation of commercial aircraft," said Steve Finger, president, Pratt & Whitney. "We met with customers from around the world to discuss our ecological solution, the Geared Turbofan, which will be ready in 2013 to deliver game-changing improvements in fuel efficiency, noise, emissions and carbon dioxide."

At the show, Pratt & Whitney announced that Jet2.com selected Global Material Solutions parts as part of a Global Service Partners Fleet Management Programme for their CFM56-3 engines. Global Service Partners also announced that Turkish Airlines won a promotion valued at up to US$200,000 for EcoPower engine washes for 10 aircraft.

"The news announced last week demonstrates the power of our OEMRO business model, which blends our OEM capability and MRO flexibility to provide the right combination of engines, parts and services to our customers," Finger said. "More than ever, Pratt & Whitney is leading industry change by delivering products and services that respond to the market feedback we get from our customers."

Pratt & Whitney business announced at the Paris Air Show includes:

  • Grupo Marsans selected Pratt & Whitney PW4000 100-inch engines to power the airline's fleet of new Airbus A330 aircraft. The engine and maintenance agreement is valued at more than US$1 billion if all options are exercised.
  • TAM Airlines selected Pratt & Whitney PW4000 100-inch engines to power the airline's new A330 aircraft in a deal valued at more than US$345 million.
  • Jet2.com awarded Pratt & Whitney an exclusive 15-year Global Service Partners Fleet Management Program, which includes Global Material Solutions parts for CFM56-3 engines. The agreement, valued at US$262M, makes Jet2.com the European launch customer of Global Material Solutions.
  • EgyptAir awarded Pratt & Whitney a 13-year service agreement to maintain the airline's 13 PW4090 engines. The agreement is valued at more than US$200 million.
  • AeroThrust signed a five-year, US$100 million Global Service Partners part replacement and repair agreement.
  • Guggenheim Aviation Partners, LLC, ordered Pratt & Whitney PW4000 100-inch engines valued at up to US$160 million to power new A330 freighter aircraft.
  • Air Caraibes selected Pratt & Whitney PW4000 100-inch engines to power new A330-300 aircraft in a deal valued at over US$75 million.
  • MK Airlines signed a five-year, US$10.7 million Global Service Partners part replacement and repair agreement with MK Airlines.
  • China Eastern Airlines chose the V2500 to power new A320 family aircraft. The combined engine and aftermarket deal is valued at more than US$267 million to Pratt & Whitney.
  • Mandala Airlines selected V2500 engines to power new A320-family aircraft. The order is valued at more than US$267 million to Pratt & Whitney if all options are exercised.
  • Hainan Airlines ordered V2500 engines to power new Airbus A319 aircraft. The combined engine and service deal is valued at more than US$180 million to Pratt & Whitney.
  • ILFC selected the V2500 to power new A320-family aircraft. The agreement is valued at more than US$142 million to Pratt & Whitney.
  • Blue Wings ordered V2500 engines to power new A320 aircraft. The deal is valued at more than US$116 million to Pratt & Whitney.
  • CIT Group Inc. selected V2500 engines to power new A320 family aircraft. The deal is valued at more than US$83 million to Pratt & Whitney if all options are exercised.
  • The Israeli Air Force awarded Pratt & Whitney a Materials Management Program valued at US$60 million.
  • Pratt & Whitney Canada (P&WC) also secured US$650 million of new business at the Paris Air Show as a result of a number of deals signed by aircraft manufacturers for P&WC-powered aircraft.

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines.

United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.


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Paris Air Show: Pratt & Whitney announces new business orders worth US$3.92 billion