China Southern Airlines Selects Pratt & Whitney PW4170 Advantage70™ Engines

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Jun 17, 2013, 07:38 ET

PARIS, June 17, 2013 /PRNewswire/ -- China Southern Airlines has selected Pratt & Whitney's PW4170 Advantage70™ engine to power its order of 16 Airbus A330 aircraft. Pratt & Whitney is a United Technologies Corp. (NYSE:UTX) company.

The contract, which is valued at $1.29 billion, also includes a 15-year Fleet Management Plan for engine maintenance.

"We selected Pratt & Whitney's PW4170 Advantage70 engine because of the environmental and operational benefits provided by this engine," said Su-Guang Dong, executive vice president, Engineering and Maintenance, China Southern. "We are pleased with the performance of our PW4170-powered A330 aircraft as well as the support provided by Pratt & Whitney. The engine provides excellent reliability and significant cost-savings."

"Pratt & Whitney is delighted that China Southern has once again selected the PW4170 Advantage70," said Todd Kallman, president, Pratt & Whitney Commercial Engines. "This agreement continues a valued relationship between Pratt & Whitney and China Southern. We are dedicated to offering unparalleled quality and service to all our customers."

China Southern Airlines is the largest airline in China, and the third in IATA's 240 member airlines marked by passengers carried and in terms of fleet size. The airline currently operates more than 500 passenger and cargo transport aircraft, including 11 Airbus 330 aircraft powered by PW4170 engines with a 12th to be delivered in June 2013, two Boeing B747F aircraft powered by PW4062A engines, and more than 280 V2500 engines, making China Southern the largest V2500 customer in the world. The V2500 is produced by the International Aero Engines (IAE). IAE is a multinational aero engine consortium whose shareholders comprise of Pratt & Whitney, Japanese Aero Engines Corporation and MTU Aero Engines.

Pratt & Whitney offers the Advantage70 both as a new engine and as an upgrade kit for existing engines. The upgrade includes a suite of technology enhancements that can be incorporated into a fleet during engine overhaul. Advantage70 technology delivers superior engine performance, including a 2 percent thrust increase, more than 1 percent reduction in fuel consumption, increased durability, and reduced maintenance costs.

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, auxiliary and ground power units and small turbojet propulsion products. United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries. For updates from United Technologies Corp.'s aerospace businesses visit www.utcaero.com or follow @UTC on Twitter.

This release includes "forward looking statements" concerning expected revenue and other matters 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 the health of the global economy; strength of end market demand in the commercial aerospace industry; fluctuation in commodity prices, interest rates, and foreign currency exchange rates. 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 at www.pw.utc.com

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