Pratt & Whitney Wins V2500 Engine Sale to ILFC

DUBAI, UNITED ARAB EMIRATES, Nov. 21, 2005 -- Pratt & Whitney, a subsidiary of United Technologies Corp. , has won business worth approximately $250 million as its share of an order for V2500 engines from International Lease Finance Corporation (ILFC).

International Aero Engines (IAE), in which Pratt & Whitney is a leading shareowner, announced the ILFC order for V2500 engines to power up to 45 Airbus A320 family aircraft.

"Pratt & Whitney is delighted with ILFC's decision," said Steve Heath, Pratt & Whitney Commercial Engines president and member of the IAE Board of Directors. "This engine offers many competitive advantages in terms of fuel burn, noise, emissions and operating costs. We are committed to supporting ILFC's growing V2500 fleet and will ensure that ILFC fully benefits from the many advantages that the V2500 has to offer."

ILFC already has 142 V2500-powered aircraft in operation with a further 63 on firm order. This additional order is made up of 30 firm and 15 options for Airbus A320 aircraft.

The 22,000-33,000 lb. of thrust V2500-A5 is available in seven different thrust settings to power the Airbus A319, A320 and A321 family of aircraft as well as the A319 Corporate Jet.

IAE is a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Rolls-Royce, the Japanese Aero Engines Corporation and MTU Aero Engines. More than 1,300 V2500-powered aircraft have been delivered, and the worldwide fleet has accumulated more than 33 million flying hours.

Pratt & Whitney Commercial Engines has nearly 15,000 commercial aircraft engines in service with hundreds of airlines around the world. Additionally, Pratt & Whitney is a leading partner in two joint venture companies to manufacture commercial aircraft engines: the International Aero Engines (IAE) V2500 operating on the Airbus A320 family of aircraft and the Engine Alliance (EA) GP7200 engine under development for the new Airbus A380.

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 commercial building industries.

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