TransAsia Airways Firms Options for Additional Pratt & Whitney
PurePower® PW1100G-JM Engines for Airbus A321neo Aircraft
ZHUHAI, China, Nov. 14, 2012 /PRNewswire/ -- AIR SHOW
CHINA -- 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.
Established in 1951, TransAsia was the first private airline in
Taiwan and has since grown to be
one of the nation's three largest carriers. It is a publically
listed company on the Taiwan Stock Exchange and is expanding
rapidly to all the major Asian cities within a flight duration of
nine hours including Australia,
New Zealand and the Middle East. TransAsia Airways is
headquartered in Taipei,
Taiwan. For more information on TransAsia Airways, visit
http://www.tna.com.tw/en/index.aspx.
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.
This release includes "forward looking statements" concerning
future business opportunities and other matters involving this
engine that are subject to risks and uncertainties. Important
factors that could cause actual results to differ materially from
those anticipated or implied in forward looking statements include
changes in the health of the global economy and the strength of end
market demand in the aerospace industry; as well as company
specific items including the ability to achieve cost reductions at
planned levels; challenges in the design, development, production
and support of advanced technologies including this engine, and new
products including the engine discussed in this press release; and
delays and disruption in delivery of materials and services from
suppliers. For information identifying other important economic,
political, regulatory, legal, technological, competitive and other
uncertainties, see UTC's SEC filings as submitted from time to
time, including but not limited to, the information included in
UTC's 10-K and 10-Q Reports under the headings "Business," "Risk
Factors," "Management's Discussion and Analysis of Financial
Condition and Results of Operations" and "Cautionary Note
Concerning Factors that May Affect Future Results," as well as the
information included in UTC's Current Reports on Form 8-K.
Learn more: www.purepowerengines.com
Twitter: http://twitter.com/purepowerengine
Facebook: http://www.facebook.com/purepowerengine
YouTube: http://www.youtube.com/purepowerengine
Leo
Makowski
|
Katy
Padgett
|
Commercial
Engines
|
Pratt
& Whitney
|
Int'l Cell
+1-860-543-2846
|
+1-860-565-3433
|
leo.makowski@pw.utc.com
|
kathleen.padgett@pw.utc.com
|
SOURCE Pratt & Whitney