Pratt & Whitney Signs Maintenance Deal With Vietnam Airlines

Date : 11/08/2019 @ 7:25PM
Source : Dow Jones News
Stock : United Technologies Corporation (UTX)
Quote : 146.65  0.0 (0.00%) @ 12:00AM

Pratt & Whitney Signs Maintenance Deal With Vietnam Airlines

United Technologies (NYSE:UTX)
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   By Stephen Nakrosis 

Pratt & Whitney said Friday it signed an agreement with Vietnam Airlines to provide engine maintenance for the carrier.

Under the terms of the 12-year deal, Pratt & Whitney will provide GTF engine maintenance for the airline's fleet of 20 Airbus A321neo aircraft, the company said.

Pratt & Whitney said, "The GTF-powered A320neo has achieved a 16% reduction in fuel consumption, a 75% reduction in noise footprint and a 50% reduction in nitrogen oxide emissions," and added its GTF engine powers five aircraft platforms.

Financial terms of the deal were not disclosed.

Pratt & Whitney is a division of United Technologies Corp. (UTX).


--Write to Stephen Nakrosis at


(END) Dow Jones Newswires

November 08, 2019 14:10 ET (19:10 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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