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Pratt & Whitney and Lufthansa Technik Sign Strategic Agreement to Strengthen Geared Turbofan™ Engine MRO Services
FARNBOROUGH, UNITED KINGDOM, TUESDAY, JULY 12, 2016

Pratt & Whitney, a United Technologies Corp. (NYSE: UTX) company, and Lufthansa Technik, a global leader in aircraft engine maintenance, repair and overhaul (MRO), together announced that Lufthansa Technik has signed a strategic network agreement to become a key member of the Pratt & Whitney Geared Turbofan (GTF) engine MRO network offering the full scope of MRO services on PW1100G-JM and PW1500G engines.

The Pratt & Whitney GTF engine network currently includes Pratt & Whitney and its GTF engine collaborators, MTU Aero Engines and Japanese Aero Engines Corporation. Together with Lufthansa Technik, these companies will deliver the highest level of maintenance support and value to customers with facilities strategically located worldwide.

"The PW1000G family will be one of the main engine types in commercial aviation for the next decades. Lufthansa Technik will serve the full scope of MRO services and will bring long-lasting and leading expertise in engine overhaul, engine parts repair, and engineering support to this co-operation," said Dr. Johannes Bussmann, chairman of the Executive Board of Lufthansa Technik. "Our companies have a long and successful history as Lufthansa Technik has already been providing MRO services on other Pratt & Whitney engines for decades."

"The GTF engine maintenance network consists of the best MRO providers in the industry," said Matthew Bromberg, president of Pratt & Whitney Aftermarket. "As Lufthansa is the launch customer of the GTF engine, Lufthansa Technik is well-suited to provide engine maintenance services to our future GTF engine customers. We are proud to enter into this relationship with Lufthansa Technik to tap into its valuable maintenance expertise and expand our customer services to meet aircraft operators' ever-changing needs."

The Lufthansa Technik Group, with more than 30 subsidiaries and associates and over 26,000 employees worldwide, is one of the leading providers of technical services for the aviation industry. The company offers the entire spectrum of services for commercial aircraft: engineering and consulting services, maintenance, repair, overhaul, modification and conversion, engines, landing gears and components. To learn more about Lufthansa Technik, visit its website at www.lufthansa-technik.com or follow the company on LinkedIn at www.linkedin.com/company/lufthansa-technik.

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.

For further information: Robin Salisbury Pratt & Whitney Office 860-565-8220 Mobile 860-970-5712 robin.salisbury@pw.utc.com Wolfgang Reinert Lufthansa Technik AG Office +49-40-5070-3212 Mobile +49 151 589 17 922 Wolfgang.Reinert@lht.dlh.de
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