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PRESS RELEASE

Pratt & Whitney and JetBlue Airways Finalize Agreement for PurePower® PW1100G-JM Engines for Airbus A320neo Family Aircraft

FARNBOROUGH, Wednesday, July 11, 2012

Pratt & Whitney and JetBlue Airways signed a definitive agreement for PurePower PW1100G-JM engines to power its order of 40 firm A320neo family aircraft finalizing the MOU announced in late 2011. The agreement 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).

“The PurePower engine is optimally designed for our future fleet of A320neo aircraft,” said Dave Ramage, vice president technical operations for JetBlue Airways. “The benefits of improved fuel efficiency, lower operating cost and a minimal noise footprint make the PurePower engine a prudent investment in our future.”

“We are very pleased that JetBlue selected us becoming the first U.S. airline to select the game-changing PurePower engine for its A320neo aircraft family," said Todd Kallman, Pratt & Whitney Commercial Engines president. “We look forward to helping JetBlue reduce costs and provide a reliable, cost-efficient product with improved fuel efficiency - the greenest engine available.”

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 double-digit improvements in fuel efficiency and environmental emissions as well as a 50 percent reduction in noise.

New York’s Hometown Airline ™ JetBlue Airways has created a new airline category based on value, service and style. JetBlue serves 71 cities with 800 daily flights, with plans to begin service to Cartagena, Colombia and Samaná, Dominican Republic later this year. For more on JetBlue, visit www.jetblue.com.

About Pratt & Whitney

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. Please visit www.utcaero.com for news from Pratt & Whitney and United Technologies at the Farnborough 2012.

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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.

Learn more about the Pratt & Whitney PurePower engine here. Follow the PurePower engine on Twitter, Facebook, and YouTube.