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Vietnam Airlines Selects IAE V2500 Engine for Leased A321 Fleet

Written by thomas · Filed Under Commercial 

July 16, 2008

thomas

FARNBOROUGH, England, July 16 /PRNewswire-FirstCall/ — FARNBOROUGH AIR
SHOW — Vietnam Airlines has selected the International Aero Engines V2500
engine to power an additional seven Airbus A321s it is leasing from ILFC
and AerCap. Pratt & Whitney, a United Technologies Corp. (NYSE: UTX)
company, is a major partner in International Aero Engines.

Vietnam Airlines operates 12 V2500-powered A321s. The aircraft will be
equipped with the new SelectOne(TM) build standard engine, delivering
improved fuel burn and lower CO2 emissions with greater time on wing and
lower maintenance costs.

The V2500-A5 is available in seven different thrust settings ranging
from 22,000 lbs. to 33,000 lbs. to power the Airbus A319, A320 and A321
family of aircraft, as well as the A319 Corporate Jet. More than 5,000
V2500 engines are in service or on firm order. V2500Select(R) is a tailored
package combining aftermarket support and the V2500 SelectOne(TM) engine
upgrade, providing operators with reduced operating costs and a predictable
budget.

IAE is a multinational aero engine consortium whose shareholders
comprise Pratt & Whitney, Rolls-Royce (RR.L), the Japanese Aero Engines
Corporation and MTU Aero Engines. More than 1,400 V2500-powered aircraft
have been delivered and the worldwide fleet has accumulated over 50 million
flying hours.

Pratt & Whitney has over 16,000 aircraft engines installed with
hundreds of airlines around the world. Additionally, Pratt & Whitney is a
leading partner in two joint venture companies that manufacture commercial
aircraft engines: International Aero Engines, which makes the V2500 for the
Airbus A320 family of aircraft, and the Engine Alliance, whose GP7200
engine is FAR 33 certified for the new Airbus A380.

Pratt & Whitney is a world leader in the design, manufacture and
service of aircraft engines, space propulsion systems and industrial gas
turbines. United Technologies, based in Hartford, Conn., is a diversified
company providing high technology products and services to the global
aerospace and building industries.

This release includes “forward looking statements” concerning expected
revenue, earnings, cash flow and other matters that are subject to risks
and uncertainties. Important factors that could cause actual results to
differ materially from those anticipated or implied in forward looking
statements include the health of the global economy and continued strength
of the aerospace industry. For information identifying other important
economic, political, regulatory, legal, technological, competitive and
other uncertainties, see UTC’s SEC filings as submitted from time to time.

SOURCE Pratt & Whitney

» Próximo Post - Pratt & Whitney Wins US$56 Million Order for V2500 Engines from Shanghai Airlines
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