Press Releases

Pratt & Whitney Geared Turbofan(TM) Engine to Power All Nippon Airways' Mitsubishi Regional Jets

EAST HARTFORD, Conn., March 28, 2008 – Pratt & Whitney’s Geared Turbofan engine will power All Nippon Airways’ Mitsubishi Regional Jets (MRJ) marking the launch of the MRJ program and the first orders for Pratt & Whitney’s next-generation engine. All Nippon Airways has purchased 15 firm and 10 option Mitsubishi Regional Jets with deliveries scheduled to begin in 2013. Financial terms were not disclosed. Pratt & Whitney is a division of United Technologies Corp. (NYSE:UTX).

“We are excited about this first order and it underscores what we’ve been hearing from our customers around the world -- the Geared Turbofan engine brings the game-changing improvements in fuel burn, engine noise, environmental emissions and operating costs that airlines are demanding,” said Todd Kallman, president, Pratt & Whitney Commercial Engines. “Customer reaction has been extremely positive. We currently have several proposals out with various airlines and we are confident that there will be additional orders throughout this year.”

Since receiving authorization to offer the Mitsubishi Regional Jet in October 2007, Pratt & Whitney and MHI have visited more than 100 customers to discuss the benefits of this next-generation aircraft and the Geared Turbofan engine.

“We are proud to power All Nippon Airways’ new aircraft and excited to continue working with Mitsubishi Heavy Industries to bring this next-generation aircraft to customers around the world,” Kallman said.

Pratt & Whitney’s Geared Turbofan engine is the exclusive power for the new Mitsubishi Regional Jet. The engine will deliver double-digit reductions in fuel burn, engine noise, environmental emissions and operating costs. The engine has also been selected to power the proposed Bombardier CSeries. Both aircraft are scheduled to enter service in 2013.

The Geared Turbofan engine builds on more than 20 years of development experience and more than US$1 billion in technology investment. A full scale Geared Turbofan demonstrator engine has accumulated approximately 130 hours of ground testing and is preparing for flight testing later this year. This is in addition to the thousands of hours being accumulated on Pratt & Whitney’s 15 technology rigs around the world, including the Fan Drive Gear System rig, which has simulated more than 40,000 flights on the Geared Turbofan’s fan drive gear system.

Pratt & Whitney has over 17,000 aircraft engines installed with hundreds of airlines around the world. Additionally, Pratt & Whitney is a leading partner in two joint venture companies that manufacture commercial aircraft engines: International Aero Engines, which makes the V2500 for the Airbus A320 family of aircraft, and the Engine Alliance, whose GP7200 engine is FAR 33 certified for the new Airbus A380.

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.

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 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.

# # #