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UTX United Technologies Corporation

86.01
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
United Technologies Corporation NYSE:UTX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 86.01 0 01:00:00

Pratt & Whitney Secures EngineWise® Service Agreement with Vietnam Airlines

08/11/2019 4:17pm

PR Newswire (US)


United Technologies (NYSE:UTX)
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HANOI, Vietnam, Nov. 8, 2019 /PRNewswire/ -- Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), today announced that Vietnam Airlines signed a 12-year EngineWise Comprehensive service agreement for Pratt & Whitney GTF™ engine maintenance for the airline's fleet of 20 Airbus A321neo aircraft. Vietnam Airlines' first A321neo entered into service in late 2018.

The signing took place in a ceremony in Vietnam's capital, Hanoi, and was attended by U.S. Secretary of Commerce Wilbur Ross, along with officials from Vietnam Airlines and Pratt & Whitney.

"Vietnam Airlines' objective is to have the highest level of safety, performance and reliability on our entire fleet which includes GTF-powered aircraft," said Dang Ngoc Hoa, Executive Vice President, Vietnam Airlines. "With Pratt & Whitney's EngineWise services solutions, we are able to optimize our fleet and better serve our customers."

"We are thrilled to provide Vietnam Airlines with state of the art service technologies for their GTF engines," said Rick Deurloo, chief customer officer and senior vice president, Customers at Pratt & Whitney. "We appreciate the close relationship we have developed with the airline and look forward to supporting their fleet for many years to come."

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 compared to the regulatory standard, and to reduce the noise footprint by 75 percent.

Pratt & Whitney's EngineWise service portfolio provides engine operators with a variety of aftermarket services to maximize engine performance and fleet availability. Visit http://www.EngineWise.com/contact for an interactive map of GTF MRO network providers and respective locations.

About Pratt & Whitney
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft and helicopter 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. To receive Pratt & Whitney press releases and other news directly, please sign up here.

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.

Pratt & Whitney
+1 (860) 565-9600
media@pw.utc.com

(PRNewsfoto/Pratt & Whitney)

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/pratt--whitney-secures-enginewise-service-agreement-with-vietnam-airlines-300954811.html

SOURCE Pratt & Whitney

Copyright 2019 PR Newswire

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