HANOI, Vietnam, Nov. 11, 2017 /PRNewswire/ -- Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), and VietJet Air ("VietJet") today announced the selection of the PurePower Geared Turbofan (GTF) engine to power an order of 10 new aircraft. This deal, which is valued at $600 million at list prices, includes a 12-year EngineWise™ Fleet Management Program. This order follows a February 2016 contract signing for GTF engines to power VietJet's 63 newly ordered aircraft.
The signing took place in a ceremony in Vietnam's capital, Hanoi, and was attended by U.S. President Donald Trump and Mr. Tr?n �?i Quang, President of the Socialist Republic of Vietnam, along with officials from VietJet and Pratt & Whitney during the president's official trip to Vietnam for the APEC 2017.
"We are delighted to add 10 additional GTF-powered new aircraft to our fleet. We look forward to the proven performance and environmental benefits that they deliver," said Dinh Viet Phuong, vice president of VietJet Air.
Since entering into service in early 2016, the GTF engine has demonstrated its promised ability to reduce fuel burn by 16 percent, regulated emissions by 50 percent and noise footprint by 75 percent.
"We were honored to celebrate a new relationship with VietJet last year, and we are thrilled to extend this relationship now and into the future," said Rick Deurloo, senior vice president of sales, marketing and customer support at Pratt & Whitney.
Source: VietJet Air and Pratt & Whitney Announce Selection of PurePower® Geared Turbofan™ for Aircraft Order
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