Pratt & Whitney Wins US$100 Million Engine Order from TAM Linhas Aereas
FARNBOROUGH, England, July 19 /PRNewswire-FirstCall/ -- FARNBOROUGH AIR SHOW -- TAM Linhas Aereas has selected Pratt & Whitney PW4000-100" Advantage70™ engines to power two new Airbus A330 aircraft in a deal valued at more than US$100 million. The contract includes installed and spare engines for two firm A330-200 aircraft and a 12-year service agreement provided by Pratt & Whitney Global Service Partners. Pratt & Whitney is a division of United Technologies Corp. (NYSE: UTX).
"Experience with our existing Pratt & Whitney fleet of engines made the selection of these aircraft simple," said Libano Barroso, president and CEO, TAM Linhas Aereas, S.A. "We are a long-time customer of Pratt & Whitney, and we are very pleased to continue this strong relationship with this new order."
This new order for PW4000 engines is in addition to the order for engines to power eight new A330 aircraft already announced. Sao Paulo-based TAM Airlines currently operates eleven A330s with Pratt & Whitney PW4168A model engines and two A330s with Pratt & Whitney PW4170 model engines.
"We are very pleased that TAM, as a market leader in South America, has again selected Pratt & Whitney to power their new Airbus A330 aircraft," said Todd Kallman, president of Pratt & Whitney Commercial Engines. "The PW4000-100" engine continues to perform well and provides better than expected benefits to operators like TAM."
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, 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 anticipated business opportunities 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 aerospace industry. 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.
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