Air Lease Corporation Selects Pratt & Whitney PurePower® Engines for Airbus
A320/A321 neo Aircraft
PARIS, June 19, 2013
PARIS, June 19, 2013 /PRNewswire/ --Air Lease Corporation (NYSE:AL) has
signed a Memorandum of Understanding for Pratt & Whitney PurePower PW1100G-JM
engines to power its order of 30 firm A320/A321 neo aircraft. Deliveries are
scheduled to start in 2016. Pratt & Whitney is a division of United
Technologies Corp. (NYSE:UTX).
"We are pleased to add these Pratt & Whitney PurePower PW1100G-JM-powered
Airbus A320/A321 neo aircraft to our portfolio to help airlines continue to
grow their fleets with the latest technology and fuel efficient aircraft,"
said John Poerschke, senior vice president of Air Lease Corporation.
"Pratt & Whitney is excited to continue its relationship with Air Lease
Corporation with this PurePower PW1100G-JM engine order," said Todd Kallman,
Pratt & Whitney Commercial Engines president. "Thanks to our Geared Turbofan™
technology, we are confident these engines will serve ALC's customers well
with increased operational efficiencies compared to today's engines."
With new PurePower engine orders announced this week, Pratt & Whitney now has
more than 4,500 orders and commitments. The PurePower family of engines 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 deliver the improvements in fuel
efficiency, environmental emissions and noise.
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.
ALC is an aircraft leasing company based in Los Angeles, Calif., that has
airline customers throughout the world. ALC and its team of dedicated and
experienced professionals are principally engaged in purchasing commercial
aircraft and leasing them to its airline partners worldwide through customized
aircraft leasing and financing solutions. For more information, visit ALC's
website at www.airleasecorp.com.
Pratt & Whitney is a world leader in the design, manufacture and service of
aircraft engines, auxiliary and ground power units and small turbojet
propulsion products. United Technologies Corp., based in Hartford,
Connecticut, is a diversified company providing high technology products and
services to the building and aerospace industries. To learn more about UTC,
visit the website or follow the company on Twitter: @UTC.
This release includes "forward looking statements" concerning anticipated
business opportunities that are subject to risks and uncertainties, including
with regard to the programs described in this release. Risks and uncertainties
that could cause actual results to differ materially from those anticipated or
implied in forward looking statements include the effect of economic
conditions in the markets in which we operate, including financial market
conditions, and fluctuation in interest rates, commodity prices and foreign
currency exchange rates; levels of end market demand in the aerospace
industry, including levels of demand for the new aircraft described in this
release; levels of air travel; financial difficulties of commercial airlines;
the financial condition of suppliers; and challenges in the design,
development, production and support of advanced technologies and new products
and services. For information identifying other important economic, political,
regulatory, legal, technological, competitive and other uncertainties, see
UTC's 10-K, 10-Q and other reports filed with the SEC.
For more information on the Pratt & Whitney PurePower engine, visit:
Sara Banda Laura St. John
Pratt & Whitney Air Lease Corporation
Int'l Cell +1-860-202-8644 firstname.lastname@example.org
SOURCE Pratt & Whitney
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