Pratt & Whitney and SkyWest, Inc. Sign Aftermarket Agreement for Fleet of Mitsubishi Regional Jets
EAST HARTFORD, Conn., Wednesday, July 3, 2013
Pratt & Whitney and SkyWest, Inc. have signed a definitive agreement for a PureSolution™ Fleet Management Program supporting the PW1217G engines installed in a fleet of 100 MRJ90 Mitsubishi Regional Jets and up to an additional 100 option MRJ90 Mitsubishi Regional Jets for a term of up to 16 years. Each MRJ90 will be powered by two PurePower® PW1217G engines. Deliveries are anticipated to begin in 2017. Pratt & Whitney is a division of United Technologies Corp. (NYSE:UTX).
"We're very pleased SkyWest has chosen us to maintain its fleet of fuel efficient PurePower engines," said Todd Kallman, president, Pratt & Whitney Commercial Engines. "The PureSolution Fleet Management Program will ensure optimal performance and dependability of SkyWest's PW1217G engines long into the future."
PureSolution services offer MRO expertise from the PurePower engine's OEM creator and design-responsible partners. PureSolution services offer customers a wide range of comprehensive and fully customizable MRO services to ensure predictable maintenance costs and maximize the PurePower engine's performance over its life span – resulting in the lowest cost of ownership.
SkyWest is the holding company for two scheduled passenger airline operations and an aircraft leasing company and is headquartered in St. George, Utah. SkyWest's scheduled passenger airline operations consist of SkyWest Airlines, Inc. ("SkyWest Airlines") also based in St. George, Utah and ExpressJet Airlines, Inc. ("ExpressJet Airlines") based in Atlanta, Georgia. System-wide, SkyWest serves markets in the United States, Canada, Mexico and the Caribbean with approximately 4,100 daily departures and a fleet of approximately 758 regional aircraft.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, auxiliary and ground power units and small turbojet propulsion products. United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries. For updates from United Technologies Corp.'s aerospace businesses visit www.utcaero.com or follow @UTC on Twitter.
This release includes "forward looking statements" concerning anticipated business opportunities that are subject to risks and uncertainties, including with regard to the programs described in this release. Risks and uncertainties that could cause actual results to differ materially from those anticipated or implied in forward looking statements include the effect of economic conditions in the markets in which we operate, including financial market conditions, and fluctuation in interest rates, commodity prices and foreign currency exchange rates; levels of end market demand in the aerospace industry, including levels of demand for the new aircraft described in this release; levels of air travel; financial difficulties of commercial airlines; the financial condition of suppliers; and challenges in the design, development, production and support of advanced technologies and new products and services. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's 10-K, 10-Q and other reports filed with the SEC.
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