Pratt & Whitney Signs 15-Year EngineWise™ Fleet Management Agreement with Turkish Airlines

SINGAPORE, Feb. 6, 2018 /PRNewswire/ -- Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), today announced that Turkish Airlines signed an agreement for a 15-year Pratt & Whitney EngineWise Fleet Management Program. The agreement will cover Turkish Airlines' future fleet of 92 A321neo aircraft powered by the Pratt & Whitney Geared Turbofan™ (GTF) engines.

Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), announced February 6, 2018 that Turkish Airlines signed an agreement for a 15-year Pratt & Whitney EngineWise Fleet Management Program. The announcement was made at the Singapore Air Show.

"With this fleet management agreement, we are confident we will be able to further optimize our aircraft engine performance, which in turn will benefit our customers," said Levent Konukcu, SVP Investment Management at Turkish Airlines. "We look forward to our GTF-powered aircraft entering revenue service later this year, which will continue to revolutionize the aviation industry."

"Pratt & Whitney and Turkish Airlines have a long-standing relationship, and we thank them for their trust in maintaining their fleet of GTF-powered aircraft," said Rick Deurloo, senior vice president, Sales, Marketing & Customer Support at Pratt & Whitney. "Through EngineWise, we remain committed to delivering world-class aftermarket services to our customers around the world."

Since entering into service in early 2016, the GTF engine has demonstrated its promised ability to reduce fuel burn by 16 percent, to reduce nitrogen oxide emissions by 50 percent to the regulatory standard, and to lower the noise footprint by 75 percent.

About Pratt & Whitney
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.

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SOURCE Pratt & Whitney