Pratt & Whitney Canada to Provide PW535 Engines to Power Up To 125 Embraer Phenom 300 Platinum Edition Aircraft for NetJets

ATLANTA, GEORGIA -- (Marketwire - Oct. 20, 2010) - NBAA - NetJets Inc. announced today that it will order up to 125 Embraer Phenom 300 platinum edition executive jets powered by Pratt & Whitney Canada (P&WC) PW535E engines. The agreement between Embraer and NetJets includes engines for 50 firm and 75 option aircraft. As with all of NetJets' P&WC-powered fleet, the engines will be covered under P&WC's comprehensive Fleet Management Program. Deliveries are scheduled to begin in 2013. The announcement was made at the National Business Aviation Association's 63rd annual meeting and convention (NBAA) in Atlanta, Georgia. P&WC is a United Technologies Corp. company (NYSE:UTX).

"We are delighted to continue to support our long-time customer NetJets," said John Saabas, president, Pratt & Whitney Canada. "The PW535E is part of a family of engines that has proven itself in extensive fractional operation, providing the outstanding reliability, durability and operating economics our customers have come to expect from us."

The PW535E engine, part of Pratt & Whitney Canada's PW500 family of engines, is the exclusive power for the Embraer Phenom 300 platinum edition mid-sized executive jet. The PW535E model meets the high demands of the fractional ownership market with specifically adapted maintenance intervals, easy on-wing maintenance features, and excellent operating economics.

The PW500 turbofan engine family provides dependable power for light to mid-size jets. The PW500 family is comprised of 3 engine series and 7 models, ranging from 2,900 to 4,500 pounds thrust, with more than 2,800 engines produced having accumulated over 7.5 million flight hours.

Pratt & Whitney Canada customers are supported by the company's industry-leading global customer support network. The largest, most comprehensive service network specifically designed for the business aviation market includes more than 30 P&WC-owned and designated service facilities around the world, more than 100 field support representatives on all major continents, a 24/7 Customer First Centre for rapid expert support, the most advanced diagnostic capabilities for this market and the largest pool of P&WC rental and exchange engines in the industry.