Pratt & Whitney to provide up to 80 PurePower PW1000G engines for Lease Corporation International’s Bombardier CSeries order

EAST HARTFORD, Conn. – Pratt & Whitney will provide exclusive power for up to 40 new Bombardier CSeries® aircraft ordered by Lease Corporation International as part of a contract announced today, which includes 20 firm and 20 option aircraft. The Bombardier CSeries aircraft is powered by two PurePower™ PW1000G engines, which target double digit reductions in fuel burn, environmental emissions, engine noise and operating costs. Pratt & Whitney is a United Technologies Corp. (NYSE:UTX) company.

“We are excited about the future of Bombardier’s CSeries jetliner family,” said LCI Chairman, Adam Tomazos. “Market studies carried out by ourselves and other organizations see a large worldwide demand for aircraft in the 100- to 149-seat category over the next two decades and the CSeries jetliner family is a perfect fit.”

"The competitive advantages of the Bombardier CSeries include the efficiency and performance of the PurePowerTM PW1000G Engines," said Gary R. Scott, president, Bombardier Commercial Aircraft. "These advanced technology engines will help to deliver double digit reductions in fuel and cash operating costs.”

"This order, along with Lufthansa’s firm order earlier this month, gives Pratt & Whitney the opportunity to provide up to 200 PW1000G engines for Bombardier CSeries aircraft," said Todd Kallman, president, Pratt & Whitney Commercial Engines & Global Services. "Our engines will help our customers with double digit reductions in fuel burn and operating costs.”

The announcement marks the third order for the PurePower PW1000G engine, which also powers the Mitsubishi Regional Jet that received its launch order from All Nippon Airways in 2008. Both aircraft are scheduled to enter service in 2013.

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 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.

CSeries is a trademark of Bombardier Inc.

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