TransAsia Airways Firms Options for Additional Pratt & Whitney PurePower® PW1100G-JM Engines for Airbus A321neo Aircraft

  TransAsia Airways Firms Options for Additional Pratt & Whitney PurePower®
                PW1100G-JM Engines for Airbus A321neo Aircraft

PR Newswire

ZHUHAI, China, Nov. 14, 2012

ZHUHAI, China, Nov. 14, 2012 /PRNewswire/ -- AIR SHOW CHINA -- TransAsia
Airways has converted options for six A321neo aircraft with Pratt & Whitney
PurePower® PW1100G-JM engines into firm orders. Pratt & Whitney will now
power TransAsia's order of 12 firm A321neo aircraft. The deal includes a
10-year PureSolution^SM maintenance service agreement for 27 engines,
including spare engines. Deliveries are scheduled to start in 2017. Pratt &
Whitney is a division of United Technologies Corp. (NYSE:UTX).

"We are converting these options to firm orders to lock in the savings and
value that TransAsia expects to get from the A321neo aircraft and PurePower
engines," said Vincent Lin, Chairman of TransAsia Airways. "We are committed
to lower operating costs through the use of products like the PurePower
engine."

"We are very pleased that TransAsia selected Pratt & Whitney to power its
A321neo aircraft fleet," said Todd Kallman, Pratt & Whitney Commercial Engines
president. "Pratt & Whitney is very proud to serve TransAsia on the A321neo,
and IAE continues to serve TransAsia on its current A321fleet."

Each TransAsia Airways Airbus A321neo aircraft will be powered by two
PurePower PW1100G-JM engines with benefits including double-digit reductions
in fuel burn, environmental emissions, engine noise and operating costs when
compared with today's engines.

The PurePower engine uses an advanced gear system allowing the engine's fan to
operate at a different speed than the low-pressure compressor and turbine. The
combination of the gear system and an all-new advanced core delivers the fuel
efficiency and environmental benefits.

Established in 1951, TransAsia was the first private airline in Taiwan and has
since grown to be one of the nation's three largest carriers. It is a
publically listed company on the Taiwan Stock Exchange and is expanding
rapidly to all the major Asian cities within a flight duration of nine hours
including Australia, New Zealand and the Middle East. TransAsia Airways is
headquartered in Taipei, Taiwan. For more information on TransAsia Airways,
visit http://www.tna.com.tw/en/index.aspx.

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 future business
opportunities and other matters involving this engine 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 changes in the health of the global economy and the
strength of end market demand in the aerospace industry; as well as company
specific items including the ability to achieve cost reductions at planned
levels; challenges in the design, development, production and support of
advanced technologies including this engine, and new products including the
engine discussed in this press release; and delays and disruption in delivery
of materials and services from suppliers. 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,
including but not limited to, the information included in UTC's 10-K and 10-Q
Reports under the headings "Business," "Risk Factors," "Management's
Discussion and Analysis of Financial Condition and Results of Operations" and
"Cautionary Note Concerning Factors that May Affect Future Results," as well
as the information included in UTC's Current Reports on Form 8-K.

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Leo Makowski              Katy Padgett
Commercial Engines         Pratt & Whitney
Int'l Cell +1-860-543-2846 +1-860-565-3433
leo.makowski@pw.utc.com    kathleen.padgett@pw.utc.com



SOURCE Pratt & Whitney

Website: http://www.purepowerengines.com