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PRESS RELEASE

Shenzhen Airlines Selects V2500® Engines for 13 Firm A320ceo Family Aircraft

AIR SHOW CHINA, Wednesday, November 2, 2016

Shenzhen Airlines has selected the V2500 engine to power 13 firm Airbus A320ceo family aircraft. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX); Pratt & Whitney Aero Engines International GmbH; Japanese Aero Engines Corporation; and MTU Aero Engines GmbH.

"We appreciate the choice Shenzhen Airlines made in selecting the V2500 engine to power its A320ceo family aircraft," said Rick Deurloo, senior vice president, Commercial Engine Sales, Marketing & Customer Support, Pratt & Whitney. "We look forward to continuing our relationship with Shenzhen Airlines in supporting their V2500 powered A320ceo family aircraft."

Established in 1992, Shenzhen Airlines, a member of the Star Alliance, operates passenger, freight and postal transport.

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 support, performance and realization of the anticipated benefits 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.