Released on Wednesday, June 17, 2009
China Southern Selects Pratt & Whitney PW4000 Advantage70™ Engines in Deal Valued at $590 Million
PARIS AIR SHOW � Le Bourget, France, June 17, 2009 � China Southern Airlines has selected Pratt & Whitney's PW4170 Advantage70™ engine to power 10 Airbus A330 aircraft. The contract is valued at $590 million, including a 10-year Fleet Management Plan for engine maintenance. China Southern's selection marks the first Pratt & Whitney-powered Airbus A330 aircraft to enter service in China. Pratt & Whitney is a United Technologies Corp. (NYSE:UTX) company.
"We selected Pratt & Whitney because the advanced technology of the PW4170 Advantage70 engine will generate significant benefits for our customers in terms of operational needs and cut our CO2 output," said Mr. Si Xianmin, chairman, China Southern Airlines. "This also translates into real savings with environmental benefits."
"This agreement is a great example of the benefits our customers experience from Pratt & Whitney's OEMRO™ capability. We are committed to unmatched capability and excellence as an Original Equipment Manufacturer (OEM) and maintenance, repair, and overhaul (MRO) provider," said Bob Keady, senior vice president, Global Sales, Pratt & Whitney. "We are delighted China Southern selected Pratt & Whitney and we are looking forward to entering the A330 market in China."
China Southern Airlines, one of the world's largest airlines, currently operates a fleet of 368 aircraft, including two Boeing B747F's and 100 Airbus A320s, powered by the PW4062A-3 and V2500, respectively. The airline also has 26 V2500-powered A320s on order. The V2500 is produced by the International Aero Engines (IAE). IAE is a multinational aero engine consortium whose shareholders comprise of Pratt & Whitney, Rolls-Royce, Japanese Aero Engines Corporation and MTU Aero Engines.
Pratt & Whitney offers the Advantage70 both as a new engine and as an upgrade kit for existing engines. The upgrade includes a suite of technology enhancements that can be incorporated during engine overhaul. Advantage70 technology delivers superior engine performance, including a 2 percent thrust increase, a 1 percent reduction in fuel consumption, increased durability, and reduced maintenance costs. The first PW4000-100" engines with the Advantage70 technology upgrade entered service this month.
CO2 - Carbon Dioxide
IAE - International Aero Engines
MRO - Maintenance, Repair and Overhaul
OEM - Original Equipment Manufacturer
OEMRO - Original Equipment Manufacturer and Maintenance, Repair, and Overhaul