LATAM Airlines Selects PurePower® Engines for Airbus Aircraft

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Jun 18, 2013, 07:56 ET

PARIS, June 18, 2013 /PRNewswire/ -- PARIS AIR SHOW -- LATAM Airlines has selected Pratt & Whitney PurePower PW1100G-JM engines to power its order of 42 firm A320neo family aircraft. Pratt & Whitney is a division of United Technologies Corp. (NYSE:UTX).

"At LATAM we are committed to offering our customers world-class service," said Roberto Alvo, chief corporate officer, LATAM. "In order to be best in class we need to fly the most cutting edge technology available and that is what the PurePower engine offers us. We chose the PW1100G-JM engine because of its cutting edge technology and its expected efficiency, which will enable us to maintain and enhance our cost leadership position."

"The PurePower engine provides greater benefits than any other engine of its size," said Todd Kallman, Pratt & Whitney Commercial Engines president. "The advantages in noise, fuel burn and operating costs will provide great value for our customers."

This agreement includes a 12-year Fleet Management Plan. PurePower engine deliveries are expected to begin in 2016. Each LATAM Airbus A320neo family 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.

LATAM Airlines Group S.A. is one of the largest airline groups in the world in terms of network connections, providing passenger transport services to about 150 destinations in 22 countries and cargo services to about 169 destinations in 27 countries, with a fleet of 318 aircraft. In total, LATAM Airlines Group S.A. has more than 51,000 employees and its shares are traded in Santiago, as well as on the New York Stock Exchange, in the form of ADRs, and Sao Paulo Stock Exchange, in the form of BDRs.

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 anticipated business opportunities that are subject to risks and uncertainties, including with regard to the programs described in this release. Risks and uncertainties that could cause actual results to differ materially from those anticipated or implied in forward looking statements include the effect of economic conditions in the markets in which we operate, including financial market conditions, and fluctuation in interest rates, commodity prices and foreign currency exchange rates; levels of end market demand in the aerospace industry, including levels of demand for the new aircraft described in this release; levels of air travel; financial difficulties of commercial airlines; the financial condition of suppliers; and challenges in the design, development, production and support of advanced technologies and new products and services. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's 10-K, 10-Q and other reports filed with the SEC.

For more information on the Pratt & Whitney PurePower engine, visit www.purepowerengines.com

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