Pratt & Whitney PurePower® PW1100G-JM Engines Selected for JetBlue's Airbus A320neo Aircraft Family
EAST HARTFORD, Conn., Thursday, December 15, 2011
JetBlue Airways (Nasdaq: JBLU) has selected Pratt & Whitney PurePower PW1100G-JM engines to power its order of 40 firm A320neo family aircraft. The MOU includes 86 PurePower engines with a long-term PureSolutionSM maintenance service agreement. Deliveries are scheduled to start in 2018. Pratt & Whitney is a division of United Technologies Corp. (NYSE:UTX).
"Pratt & Whitney has done an outstanding job developing an engine for the Airbus A320neo; we are confident we've made an excellent choice for our aircraft," said Dave Barger, president and CEO of JetBlue Airways. "The PurePower Engines are an investment in our fleet, our environment and our people that will maximize performance and efficiency, while minimizing our carbon footprint."
"We are thrilled that JetBlue is the first U.S. airline to select the environmentally-friendly PurePower engine for its A320neo aircraft family," said Todd Kallman, Pratt & Whitney Commercial Engines & Global Services president. "Already a long-time IAE customer, we look forward to continuing our strong relationship with the JetBlue team."
Each JetBlue Airbus A320neo family aircraft will be powered by two PurePower PW1100G-JM engines with benefits including double-digit reductions in fuel burn, environmental emissions, engine noise and operating costs when compared with today's engines.
The PurePower engine uses an advanced gear system allowing the engine's fan to operate at a different speed than the low-pressure compressor and turbine. The combination of the gear system and an all-new advanced core delivers the fuel efficiency and environmental benefits.
New York-based JetBlue Airways has created a new airline category based on value, service and style. JetBlue serves 70 cities with 700 daily flights. For more on JetBlue, visit www.jetblue.com.
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.
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