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Photo 1: Madam Nguyen Thi Phuong Thao, Vietjet's president and CEO and Pratt & Whitney's Mary Ellen Jones, vice president of sales, Asia Pacific & China sign a Definitive Agreement for the PurePower® Geared Turbofan™ (GTF) engine to power Vietjet's order of 63 Airbus A320neo and A321neo family of aircraft.

Photo 2: Madam Nguyen Thi Phuong Thao, Vietjet's president and CEO addresses the media and guests at the signing of a Definitive Agreement for the PurePower® Geared Turbofan™ (GTF) engine to power its order of 63 Airbus A320neo and A321neo family of aircraft. Pratt & Whitney's Mary Ellen Jones, vice president of sales, Asia Pacific & China looks on.

Photo 3: Madam Nguyen Thi Phuong Thao, Vietjet's president and CEO and Pratt & Whitney's Mary Ellen Jones, vice president of sales, Asia Pacific & China hold a model of Vietjet aircraft following the signing of a Definitive Agreement for the PurePower® Geared Turbofan™ engine to power Vietjet's order of 63 A320neo and A321neo family of aircraft.

PRESS RELEASE

Vietjet Chooses PurePower® Engine for A320neo, A321neo Aircraft Order

SINGAPORE, Wednesday, February 17, 2016

Vietjet has signed a Definitive Agreement for the PurePower Geared Turbofan™ (GTF) engine to power their order of 63 Airbus A320neo and A321neo family of aircraft. Deliveries are expected to begin in 2017. Pratt & Whitney is a unit of United Technologies Corp. (NYSE:UTX).

The PurePower Geared Turbofan engine family has about 7,000 orders, including options, with more than 70 customers from more than 30 countries.

"We are very pleased to choose the PurePower Geared Turbofan engine for our Airbus A320neo and A321neo family fleets. With its advanced design of less fuel costs and CO2 emissions, the new engines are expected to boost the carrier's efficiency and protect environment as well as enable Vietjet to offer passengers more affordable air fares," said Madam Nguyen Thi Phuong Thao, Vietjet's president and CEO.

"We take great pride in Vietjet selecting the game-changing Geared Turbofan engine to power their aircraft fleet," said Rick Deurloo, senior vice president, Sales and Marketing, Pratt & Whitney. "Customers continuously recognize that this engine represents the pinnacle of modern aviation technology with unmatched double-digit reductions in fuel burn, noise and emissions."

The PurePower engine family has completed more than 48,000 cycles and 30,000 hours of testing.

Vietjet operates an extensive flight network in Vietnam and is expanding its operation throughout the Asia-Pacific region. The airline's mission is to meet the increasing travel demands of domestic and international travelers by providing on-time flights and a high quality of service, helping to lead the Vietnam aviation industry into a new era.

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems 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 Corp.'s Securities and Exchange Commission filings.