Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), Delta Air Lines ("Delta") and Airbus Group today announced the selection of Pratt & Whitney's Geared Turbofan™ (GTF) engine to power Delta's order of A321neo aircraft. The order consists of 100 firm aircraft, and includes a 20-year EngineWise™ services agreement. Aircraft deliveries are expected to begin in the first quarter of 2020.
"This is the right transaction at the right time for our customers, our employees and our shareholders," said Delta CEO Ed Bastian. "Delta, Airbus and Pratt & Whitney share the same commitment to safety, efficiency, innovation and continuously improving the customer experience. This order for the state-of-the-art A321neo with Pratt's PurePower next-generation jet engines reflects our long-term commitment to these values for Delta people and all our constituents."
"We couldn't be more proud of our long standing relationship with Delta, which dates back to the 1930s," said Pratt & Whitney President Robert Leduc. "Fast forward nearly 90 years, and the GTF engine has revolutionized aviation technology, and will provide Delta with proven performance and environmental benefits. We are honored to power and support Delta's new fleet of A321neo aircraft well into the future."
This latest order follows Delta's selection of GTF-powered Bombardier C Series aircraft in April 2016. The order, consisting of 75 firm aircraft with options for up to 50 additional aircraft and a 15-year services agreement, was Bombardier's largest C Series order to date. Delta currently operates a fleet of more than 350 aircraft powered by Pratt & Whitney engines, including the JT8D, PW2000, PW4000 and V2500 engines.
Since entering into service in early 2016, the GTF engine has demonstrated its promised ability to reduce fuel burn by 16 percent, lower regulated emissions by 50 percent to the regulatory standard, and lower noise footprint by 75 percent.
About Pratt & Whitney
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. To learn more about UTC, visit its website at www.utc.com, or follow the company on Twitter: @UTC.
This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in levels of demand in the aerospace industry, in levels of air travel, and in the number of aircraft to be built; challenges in the design, development, production support, performance and realization of the anticipated benefits of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corp.'s Securities and Exchange Commission filings.
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