Macquarie AirFinance Selects Bombardier CSeries Aircraft Powered by Pratt & Whitney PurePower® Engines
Pratt & Whitney will provide exclusive power for up to 50 Bombardier CSeries aircraft ordered by Macquarie AirFinance (part of the global diversified financial services institution Macquarie Group) announced today by Bombardier. Pratt & Whitney is a division of United Technologies Corp. (NYSE:UTX).
Macquarie AirFinance intends to take delivery of 40 Bombardier CS300 aircraft, with an option to purchase an additional 10 aircraft. These aircraft will be leased to airline operators around the world.
The PurePower Geared Turbofan™ engine family has more than 6,000 orders and commitments, including options, from more than 60 global customers.
"We are pleased that Macquarie AirFinance will be able to offer its customers the new CSeries aircraft powered by PurePower engines. This innovative and cost-effective aircraft will be a strong addition to Macquarie's portfolio and aircraft leasing business," said Stephen Cook, chairman of Macquarie AirFinance.
"Macquarie customers will benefit tremendously from the suite of technologies used in the PurePower engine, which delivers savings in fuel consumption and reduced engine noise," said Dave Brantner, president, Pratt & Whitney Commercial Engines. "These new aircraft combine cutting-edge technology and advanced materials to meet and exceed commercial airline requirements."
Macquarie AirFinance is a global aircraft leasing company providing aircraft and capital to the world's commercial airlines, and advisory and management services to aircraft owners. Established in 2006, the company currently owns or manages 136 jet aircraft leased to 73 operators in 43 countries, across six continents.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. United Technologies Corp., based in Hartford, Connecticut, provides high technology products and services to the building and aerospace industries. To learn more about UTC, visit its website at www.utc.com, or follow the company on Twitter: @UTC.
This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in levels of demand in the aerospace industry, in levels of air travel, and in the number of aircraft to be built; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corps.' Securities and Exchange Commission filings.