Pratt & Whitney has logged the second major order in March for its new-technology Geared Turbofan engine, this time from Ireland-based Lease Corporation International, company officials said.
Under terms of the latest contract, East Hartford-based Pratt will supply as many as 80 PW1000G engines for Lease Corporation’s order for up to 40 twin-engine Bombardier CSeries aircraft.
The deal includes 20 firm aircraft orders and options for an additional 20 planes, according to a statement from Todd Kallman, president of Pratt’s Commercial Engines and Global Services operation.
Kallman did not disclose the value of the contract. However, based on similar orders in the past, the initial contract should be worth roughly $250 million to Pratt — double that if the leasing company exercises options for 20 more planes.
Leasing International’s order comes only three weeks after Pratt’s March 11 engine contract worth as much as $760 million including options from Germany’s Lufthansa Group to power as many as 60 Bombardier CSeries aircraft.
The Lufthansa contract includes firm orders for 30 aircraft, with an option for 30 more, according to Kallman, who said the growing order book for the company’s newest-technology engine.
“This order, along with Lufthansa’s firm order earlier this month, gives Pratt & Whitney the opportunity to provide up to 200 PW1000G engines for Bombardier CSeries aircraft,” said Todd Kallman, president, Pratt & Whitney Commercial Engines & Global Services.
Pratt’s announcement marks the third order for the PW1000G engine, which also powers the Mitsubishi Regional Jet that received its launch order from All Nippon Airways in 2008. The Mitsubishi project’s All Nippon contract is worth at least $150 million to Pratt.
The new-generation Pratt engines will be the exclusive power for the new Bombardier CS100 aircraft ordered by Lufthansa for use in the fleet of its subsidiary Swiss International Air Lines. Ground and flight demonstration programs so far have confirmed that Pratt’s geared turbofan engine technology can bring airlines a 12 to 15 percent improvement in fuel consumption as well as lower noise levels, Kallman said.
Bombardier recently changed the model designations for its CSeries family of aircraft. The 110-seat configuration — previously known as the C110 aircraft — has been designated the CSeries model CS100 aircraft. The 130-seat configuration — formerly the C130 — has been designated the CSeries model CS300 aircraft.
The CS100 and CS300 models will be used on both short-haul and transcontinental routes, according to Bombardier
