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Pratt & Whitney Shares in Sichuan Airlines V2500 Order

Analysis

East Hartford, Conn. (PRATT & WHITNEY) - Pratt & Whitney, a United Technologies Company (NYSE:UTX), will share in an order for International Aero Engines (IAE) V2500 engines to power an additional two Airbus A319 and four A321 aircraft. With this order, Sichuan Airlines becomes the China launch customer for V2500SelectSM and will extend this aftermarket agreement to cover their existing fleet of 14 V2500-powered Airbus A320 family aircraft. The deal is worth more than $370 million to IAE.

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