Malaysia Airlines Selects Pratt & Whitney PW4000 Advantage70™ Engines in $680 Million Deal
Malaysia Airlines has selected Pratt & Whitney's PW4170 Advantage70™ engine to power 17 new Airbus A330 aircraft. The agreement, which includes 15 passenger and two freighter aircraft, would be valued at approximately $680 million at list prices. Delivery of the engines will start in 2011. Pratt & Whitney is a United Technologies Corp. (NYSE:UTX) company.
"We are happy with the engine performance and support for our A330 and B747 aircraft engines," said Mr. Azmil Zahruddin, managing director and chief executive officer, Malaysia Airlines. "We are confident that we will enjoy even better engine performance and that Pratt & Whitney will continue to deliver the same high level of support with the PW4170 engines."
"Pratt & Whitney looks forward to continuing its strong relationship with our partner Malaysia Airlines," said Todd Kallman, president, Commercial Engines & Global Services, Pratt & Whitney. "We are very proud that Malaysia Airlines again selected Pratt & Whitney dependable engines to power their new A330 fleet."
In addition to this agreement, Pratt & Whitney and Malaysia Airlines signed a Memorandum of Understanding to form an engine nacelle repair facility in Malaysia via a joint venture in December 2009. The new facility will become part of the Pratt & Whitney Global Service Partner network.
Malaysia Airlines is the national carrier of Malaysia. Together with its airline and cargo subsidiaries, it operates a fleet of more than 100 aircraft offering services around the world.
Pratt & Whitney offers the Advantage70 both as a new engine and as an upgrade kit for existing engines. The upgrade includes a suite of technology enhancements that can be incorporated into a fleet during engine overhaul. Advantage70 technology delivers superior engine performance, including a 2 percent thrust increase, more than 1 percent reduction in fuel consumption, increased durability, and reduced maintenance costs.
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 commercial building industries.