Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), and Vietnam Airlines have announced the selection of the PurePower Geared Turbofan (GTF) engine to power 20 A321neo Airbus aircraft, the companies said.
The deal, which is valued at USD 1.5 billion at list prices, includes a 12-year EngineWiseâ¢ Fleet Management Program.
The event was hosted during a commercial signing ceremony in Vietnam´s capital, Hanoi, attended by US President Donald Trump and Tráº§n Äáº¡i Quang, President of the Socialist Republic of Vietnam, along with Vietnam Airlines and Pratt & Whitney officials.
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.
Pratt & Whitney is a world provider of the design, manufacture and service of aircraft engines and auxiliary power units. United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. To learn more about UTC, visit its website at www.utc.com, or follow the company on Twitter: @UTC.