Aerospace engine manufacturer Pratt & Whitney announced at the Singapore Airshow this week that it and its international consortium have signed two deals worth more than $1.1 billion to supply engines and fleet maintenance to airlines in Turkey and Malaysia.
Turkish Airlines has ordered V2500 engines for 25 new A321 aircraft from IAE International Aero Engines, which is made up of Pratt and several other companies. The deal is valued at $560 million.
Malaysia Airlines has signed Pratt to a 10-year, $550-million deal to maintain the 43 Pratt engines in its fleet of A330 planes, Pratt said.
In addition, Pratt said it would sell PurePower engines for up to 45 aircraft operated by Chinese companies.
CDB Leasing, which is Pratt’s first PurePower customer in mainland China, has ordered engines for as many as 30 of its Bombardier CSeries aircraft
Meanwhile, BOC Aviation PurePower engines to power 15 of its Airbus A320neo aircraft. BOC is owned by the Bank of China.
Pratt, a subsidiary of Hartford’s United Technologies Corp., didn’t disclose the value of the Chinese contracts.
