TAM Expands Fleet with V2500-Powered A320 Order Valued at $160 Million for Pratt & Whitney
East Hartford (PRATT & WHITNEY) - Pratt & Whitney, a United Technologies Company (NYSE:UTX), has won business worth $160 million as its share of an order from TAM Airlines for International Aero Engines (IAE) V2500 engines to power the airline's fleet of 15 new Airbus A320 family aircraft. The order, made up of 11 A319s and four A321s, is backed by a long-term V2500SelectSM aftermarket agreement.
"We are extremely proud that TAM has once again chosen the dependable V2500 engine to power its fleet expansion," said Todd Kallman, president of Pratt & Whitney Commercial Engines and IAE board member. "TAM is Brazil's largest airline and this fleet expansion is another demonstration of their success. We are proud to be a part of TAM's growth and look forward to continuing our partnership into the future."
TAM currently operates a fleet of 38 V2500-powered A320s, the first of which entered service with the carrier in 1999.
"At TAM, we believe one of our competitive advantages is our innovative approach to services and products, something we recognize in IAE, the V2500 and in V2500SelectSM," said TAM President Marco Bologna. "Additionally, by choosing the V2500 to power, in particular, our new Airbus A321s, we are acknowledging the engine's superior reliability and low fuel burn even in the most demanding of operational circumstances. We're delighted to continue our relationship with the team at IAE."
IAE is a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Rolls-Royce, the Japanese Aero Engines Corp. and MTU Aero Engines. More than 1,300 V2500-powered aircraft have been delivered and the worldwide fleet has accumulated more than 40 million flying hours.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies provides high-technology products and services to the aerospace and building industries.