FARNBOUROUGH, England, July 19, 2018 /PRNewswire/ -- Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), and CALC (China Aircraft Leasing Group Holdings Limited; HKEx: 1848) today announced the signing of a contract for Pratt & Whitney engines to power 18 firm A320neo family aircraft.
"We appreciate CALC's trust and confidence in the GTF," said Rick Deurloo, senior vice president of sales, marketing and customer support at Pratt & Whitney. "We look forward to continuing our long-standing relationship."
Since entering into service in early 2016, the GTF engine for the A320neo family aircraft has demonstrated its promised ability to reduce fuel burn by 16 percent, to reduce NOx emissions by 50 percent to the regulatory standard and to lower the noise footprint by 75 percent.
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Pratt & Whitney is a world leader in the design, manufacture and service of aircraft and helicopter 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. To receive press releases and other news directly, please sign up here.
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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