China Eastern Airlines Signs 12-Year V-Services(SM) Agreement

PARIS AIR SHOW, Paris, June 17, 2015 /PRNewswire/ -- China Eastern Airlines has signed a 12-year V-Services Fleet Hour Agreement (FHA) for its 10 Airbus A320ceo aircraft. The V2500 engine service is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney (NYSE:UTX), Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines.

"China Eastern Airlines has been a leader in Chinese aviation since the late 1980s and the consistent expansion of our route options, and subsequently our fleet, has maintained our status," said Feng Liang, vice president, China Eastern Airlines. "The A320ceo with V2500 engines is a superior aircraft, and with an FHA, our engines will run longer at peak performance between shop visits."

"China Eastern Airlines has been our loyal partner for the Pratt & Whitney Shanghai Engine Center, which celebrated its five-year anniversary last year, and this services agreement continues the long-standing relationship," said Greg Gernhardt, president, Pratt & Whitney Commercial Engines. "We are confident that our dependable service will allow China Eastern Airlines to maximize on-wing time and meet the needs of its customers."

To date, more than 6,500 V2500 engines have been delivered to nearly 200 customers around the world.

China Eastern Airlines Corporation Limited is headquartered in Shanghai. As one of the three major airlines in mainland China, it flies a fleet of 528 long-haul and short-haul aircraft with an average age of less than seven years. China Eastern serves 84 million travelers annually and ranks among the world's top five airlines in terms of passenger transportation volume. As an official member of SkyTeam, China Eastern has extended its flight network from Shanghai to 1,052 cities in 177 countries via close cooperation with SkyTeam member airlines.

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units.

This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in levels of demand in the aerospace industry, in levels of air travel, and in the number of aircraft to be built; challenges in the design, development, production, performance and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corp.'s Securities and Exchange Commission filings.

SOURCE Pratt & Whitney

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