United Technologies Corp (NYSE:UTX) company Pratt & Whitney on Tuesday announced that Korean Air has chosen it’s PW4170 Advantage70 engine to power five new Airbus A330 aircraft.
Valued at approximately USD200m, the agreement represents 10 firm PW4170 engines.
Pratt & Whitney offers the Advantage70 as a new engine and as an upgrade for existing PW4168 engines. The upgrade includes technology enhancements that can be incorporated into a fleet during engine overhaul. Advantage70 technology is said to deliver superior engine performance, including a 2% thrust increase, over 1% reduction in fuel consumption, increased durability and reduced maintenance costs.