Focus Stocks
Pratt & Whitney to Provide PurePower® PW1200G Engines on SkyWest, Inc. Order for 100 Mitsubishi Regional Jets
Published on Wednesday, 11 July 2012 11:18 Written by TradersHuddle Staff
LONDON, July 11, 2012 /PRNewswire/ -- FARNBOROUGH AIRSHOW – Pratt & Whitney will provide exclusive power for 100 Mitsubishi Regional Jet (MRJ) aircraft for an order announced today by Mitsubishi Aircraft Corporation and SkyWest, Inc. The agreement represents 200 PurePower PW1200G engines with deliveries scheduled to begin in 2017. Pratt & Whitney is a division of United Technologies Corp. (NYSE:UTX).
"We are very proud that SkyWest selected the Mitsubishi Regional Jet with the PurePower engine that powers it," said Todd Kallman, president, Pratt & Whitney Commercial Engines. "The PurePower engine family offers significant benefits that have been proven extensively in thousands of hours of full engine testing, including hundreds of hours of flight testing."
Each Mitsubishi Regional Jet is powered by two PurePower PW1200G engines. To date, Pratt & Whitney has announced orders for more than 2,800 PurePower engines, including options. 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.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries. Please visit www.utcaero.com for news from Pratt & Whitney and United Technologies at the Farnborough Air Show 2012.
This release includes "forward looking statements" concerning future business opportunities and other matters involving this engine that are subject to risks and uncertainties. Important factors that could cause actual results to differ materially from those anticipated or implied in forward looking statements include changes in the health of the global economy and the strength of end market demand in the aerospace industry; as well as company specific items including the ability to achieve cost reductions at planned levels; challenges in the design, development, production and support of advanced technologies including this engine, and new products including the engine discussed in this press release; and delays and disruption in delivery of materials and services from suppliers. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's SEC filings as submitted from time to time, including but not limited to, the information included in UTC's 10-K and 10-Q Reports under the headings "Business," "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Cautionary Note Concerning Factors that May Affect Future Results," as well as the information included in UTC's Current Reports on Form 8-K.
For more information on the Pratt & Whitney PurePower engine, visit www.purepowerengines.com
Twitter:
http://twitter.com/purepowerengine
Facebook:
http://www.facebook.com/purepowerengine
YouTube:
http://www.youtube.com/purepowerengine
|
Katy Padgett |
Leo Makowski |
|
Commercial Engines & Global Services |
Global Service Partners |
|
Int'l Cell +1-860-324-6121 |
+1-860-565-1655 |
|
This e-mail address is being protected from spambots. You need JavaScript enabled to view it. |
This e-mail address is being protected from spambots. You need JavaScript enabled to view it. |
SOURCE Pratt & Whitney
Related Articles
- United Technologies Completes Divestiture of Pratt & Whitney Power Systems unit to Mitsubishi Heavy Industries
- TradersHuddle Mid-day Update: Dow Jones Higher Top Performers: BA, UTX, AA
- United Technologies Is Close to its 50 Day Moving Average
- Carrier Lecture Series Grows Green Building in Singapore and Thailand
- Approaching Resistance: United Technologies
- Pratt & Whitney Rocketdyne and RD AMROSS Propel Modernized Navigation Satellite into Orbit
- Otis Elevator Company Launches New Mobile Application for eService Customers
- NORESCO Selected as a Qualified Energy Services Provider for Connecticut's Lead By Example Program
- Trading Idea: What to Expect as United Technologies Breaks Resistance
- United Technologies Corp. Advisory to Securities Analysts, Investors and News Media
Related Partner Headlines
- United Stock To Go Ex-dividend Tomorrow (UTX) - TheStreet.com
- United Technologies Corp (UTX): Today's Featured Conglomerates Winner - TheStreet.com
- Dow Today: United Technologies (UTX) Leads The Day Higher, UnitedHealth Group (UNH) Lags - TheStreet.com
- United Technologies Corp Stock Buy Recommendation Reiterated (UTX) - TheStreet.com
- Sikorsky Aerospace Receives FAA Approval For S-92 Rotor Hub Life Extensions - Benzinga
- Dow Today: United Technologies (UTX) Higher - TheStreet.com
- United Technologies Corp (UTX): Today's Featured Conglomerates Laggard - TheStreet.com
- United Technologies Corp Stock Buy Recommendation Reiterated (UTX) - TheStreet.com
- United Technologies Corp (UTX): Today's Featured Conglomerates Winner - TheStreet.com
- Dow Today: United Technologies (UTX) Lower - TheStreet.com
TradersHuddle Search
|
Stock Search: |
|
Site Search: Loading
|
Latest Partner Headlines
-
Dow Today: Verizon Communications (VZ) Higher - TheStreet.com -
Separating the Bargains From the Busts - TheStreet.com -
Cramer Quick Take: The 60-Inch TV Will Be Key This Holiday - TheStreet.com -
Cramer Quick Take: Cisco Wins If Fiscal Cliff Is Resolved - TheStreet.com -
Gap Up and Sit - TheStreet.com -
Apple, Intel, MicroStrategy: Tech Winners & Losers - TheStreet.com -
Windows 8 PC Sales Disappointing: Report - TheStreet.com -
Cramer Quick Take: Buy Home Depot and Lowe's - TheStreet.com
Stock Market
Dow Jones
Company ID [INDEXDJX:.DJI] Last trade:15,354.40 Trade time:4:40PM EDT Value change:▲121.18 (0.80%)S&P 500
Company ID [INDEXSP:.INX] Last trade:1,667.47 Trade time:4:39PM EDT Value change:▲17.00 (1.03%)NASDAQ
Company ID [INDEXNASDAQ:.IXIC] Last trade:3,498.97 Trade time:5:15PM EDT Value change:▲33.73 (0.97%)In The Wires
-
Green Acre Aquaponics Introduces a Revolutionary Approach to Farm Education and Commercial Aquaponics -
Jim Case Carlton’s Training Announces New Performance Appraisal Process -
fishbat Honored For Raising Over $30,000 For Island Harvest -
Valley Auto Loans Announces New High Risk Auto Insurance Service -
Feed Additives Market to Reach $19.5 Billion by 2017 at a CAGR of 3.8% - New Report by MarketandMarkets -
Gilbert AC Repair Company Announcing Diagnostic Fee Waived For New Customers -
VegasHotelEscapes.com Announces Special Vegas Packages For Billboard Music Awards -
South African Car Crash Visualisation shows worrying trends








