PARIS AIR SHOW, June 20, 2011 – Pratt & Whitney will provide power for five firm Mitsubishi Regional Jet aircraft ordered by ANI Group Holdings LTD as part of a contract announced today. The agreement represents 10 firm PW1200G engines for the aircraft with a PureSolutionSM maintenance service agreement. Deliveries are scheduled to start in 2016. Pratt & Whitney is a division of United Technologies Corp. (NYSE:UTX).
Each Mitsubishi Regional Jet aircraft is powered by two PurePower PW1200G engines with double digit reductions in fuel burn, environmental emissions, engine noise and operating costs when compared with today’s engines.
“Pratt & Whitney welcomes ANI Group Holdings LTD as a new PurePower customer," said Todd Kallman, president, Pratt & Whitney Commercial Engines & Global Services. “We are proud to offer these dependable engines at a time when operators require real solutions to rising costs.”
ANI Group Holdings Ltd. is a Hong Kong-based company, founded in 2005 conducting aircraft lease and maintenance. They currently service five Indonesian airlines.
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. Please visit www.utcaero.com for news from Pratt & Whitney and United Technologies at the Paris Air Show 2011.
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.
For more information on the Pratt & Whitney PurePower engine, visit www.purepowerengines.com.
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