FARNBOROUGH AIR SHOW – July 15, 2008 – TAM Linhas Aereas has selected Pratt & Whitney PW4000-100” 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).
“In a time of soaring fuel prices and growing environmental concerns, the Pratt & Whitney PW4000 engine with the Advantage70™ technology upgrade provides excellent fuel efficiency and low maintenance costs for our new A330 aircraft,” said Captain David Barioni Neto, president and CEO, TAM Linhas Aereas, S.A. “As a long-time customer of Pratt & Whitney, we are happy to continue our relationship with this new order.”
This new order for PW4000 engines is in addition to an order for engines to power six new A330 aircraft that was announced last year. São Paulo-based TAM Airlines currently operates seven A330s with Pratt & Whitney PW4168A model engines.
“TAM is a market leader in South America and we are excited to have the opportunity to continue our partnership by powering their long-haul fleet expansion,” said Todd Kallman, president of Pratt & Whitney Commercial Engines. “We are proud that TAM continues to show confidence in Pratt & Whitney engines as demonstrated by this follow on order for the PW4000-100” engine.”
The PW4170 model engines with Advantage70 technology will bring improved environmental and economic performance for the A330 family of aircraft. The Advantage70 technology upgrade delivers enhanced engine performance, lower fuel consumption, increased durability and reduced maintenance costs.
Pratt & Whitney has over 16,000 aircraft engines installed with hundreds of airlines around the world. Additionally, Pratt & Whitney is a leading partner in two joint venture companies that manufacture commercial aircraft engines: International Aero Engines, which makes the V2500 for the Airbus A320 family of aircraft, and the Engine Alliance, whose GP7200 engine is FAR 33 certified for the new Airbus A380.
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.
