Pratt & Whitney Shares in Aftermarket Maintenance Agreement from US Airways

    FARNBOROUGH, England, July 16 /EMWNews-FirstCall/ -- FARNBOROUGH AIR

SHOW -- US Airways, Inc. announced today that it has signed a long-term

aftermarket agreement with International Aero Engines (IAE) covering

V2500-A5 engines that power the airline's fleet of Airbus A320-family

aircraft. The contract will run to 2032 and is currently IAE's largest

aftermarket maintenance agreement. Pratt & Whitney, a United Technologies

Corp. (NYSE: UTX) company, is a major participant in IAE.



    This contract will initially cover 74 V2500-A5 powered aircraft already

in service and engines for a further 78 firm aircraft that US Airways

ordered last year. Through this agreement, IAE will assume responsibility

for scheduling and delivering a complete engine maintenance program.



    The V2500-A5 is available in seven different thrust settings ranging

from 22,000 lbs. to 33,000 lbs. to power the Airbus A319, A320 and A321

family of aircraft, as well as the A319 Corporate Jet. More than 5,000

V2500 engines are in service or on firm order. V2500Select(R) is a tailored

package combining aftermarket support and the V2500 SelectOne(TM) engine

upgrade, providing operators with reduced operating costs and a predictable

budget.



    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 over 40 million

flying hours.



    Pratt & Whitney has over 16,000 aircraft engines installed with

hundreds of airlines around the world. Additionally, Pratt & Whitney is a

leading partner in two joint venture companies that manufacture commercial

aircraft engines: International Aero Engines, which makes the V2500 for the

Airbus A320 family of aircraft, and the Engine Alliance, whose GP7200

engine is FAR 33 certified 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 building industries.



    This release includes "forward looking statements" concerning

anticipated business opportunities that are subject to risks and

uncertainties. Important factors that could cause actual results to differ

materially from those anticipated or implied in forward looking statements

include changes in the health of the global economy and the aerospace

industry. For information identifying other important economic, political,

regulatory, legal, technological, competitive and other uncertainties, see

UTC's 10-K, 10-Q and other reports filed with the SEC.






    Matthew Perra                          Jennifer Whitlow

    Pratt & Whitney Commercial Engines     Pratt & Whitney

    Int'l Mobile: +1.860.595.6515          Int'l Mobile: +1.860.214.7502

    [email protected]               [email protected]