JetBlue Airways Selects Pratt & Whitney PurePower® PW1100G-JM Engines for Its Airbus A320neo Aircraft

NEW YORK, Dec. 15, 2011 /PRNewswire/ -- JetBlue Airways (Nasdaq: JBLU), New York's Hometown Airline™,  is proud to announce today that it has selected Pratt & Whitney PurePower® PW1100G-JM engines for its recently ordered fleet of Airbus A320neo aircraft. The memorandum of understanding (MOU) includes 86 PurePower engines with a long-term PureSolution(SM) maintenance service agreement. Deliveries for the carrier's firm aircraft order are scheduled to start in 2018. 

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"Pratt & Whitney has done an outstanding job developing an engine for the Airbus A320neo; we are confident we've made an excellent choice for our aircraft," said Dave Barger, president and CEO of JetBlue Airways. "The PurePower Engines are an investment in our fleet, our environment and our people that will maximize performance and efficiency, while minimizing our carbon footprint."

"We are thrilled that JetBlue is the first U.S. airline to select the environmentally-friendly PurePower engine for its A320neo aircraft family," said Todd Kallman, Pratt & Whitney commercial engines & global services president. "Already a long-time IAE customer, we look forward to continuing our strong relationship with the JetBlue team."

Each JetBlue Airbus A320neo aircraft will be powered by two PurePower PW1100G-JM engines, which are expected to reduce engine noise and operating costs when compared with today's engines. The PurePower engine 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 is expected to increase fuel efficiency and benefit the environment. 

About Pratt & Whitney
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.

About JetBlue Airways        
JetBlue, New York's Hometown Airline™, is known for its award-winning service and free TV as much as its low fares. JetBlue offers the most legroom in coach of any U.S. airline (based on average fleet-wide seat pitch) and super-spacious Even More Space seats. JetBlue is also America's first and only airline to offer its own Customer Bill of Rights, with meaningful and specific compensation for customers inconvenienced by service disruptions within JetBlue's control. Visit www.jetblue.com/promise for details. JetBlue serves 70 cities with 700 daily flights, and plans to serve Dallas/Fort Worth in May 2012. With JetBlue, all seats are assigned, all fares are one-way, and an overnight stay is never required. For information or reservations call 1-800-JET-BLUE (1-800-538-2583), TTY/TDD 1-800-336-5530, 1-801-365-2583, or visit www.jetblue.com.

This press release contains statements of a forward-looking nature which represent our management's beliefs and assumptions concerning future events. When used in this document and in documents incorporated herein by reference, the words "expects," "plans," "anticipates," "indicates," "believes," "forecast," "guidance," "outlook," "may," "will," "should," "seeks," "targets" and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks, uncertainties and assumptions, and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors, including, without limitation, our extremely competitive industry; volatility in financial and credit markets which could affect our ability to obtain debt and/or lease financing or to raise funds through debt or equity issuances; increases in fuel prices, maintenance costs and interest rates; our ability to implement our growth strategy, including the ability to operate reliably the EMBRAER 190 aircraft and our new terminal at JFK; our significant fixed obligations; our ability to attract and retain qualified personnel and maintain our culture as we grow; our reliance on high daily aircraft utilization; our dependence on the New York metropolitan market and the effect of increased congestion in this market; our reliance on automated systems and technology; our being subject to potential unionization; our reliance on a limited number of suppliers; changes in or additional government regulation; changes in our industry due to other airlines' financial condition; a continuance of the economic recessionary conditions in the U.S. or a further economic downturn leading to a continuing or accelerated decrease in demand for domestic and business air travel; and external geopolitical events and conditions. Further information concerning these and other factors is contained in the Company's Securities and Exchange Commission filings, including but not limited to, the Company's 2010 Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.

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SOURCE JetBlue Airways