New Pricing Expected To Go Into Effect Later This Year

Pratt & Whitney is raising list prices of its PurePower Geared Turbofan (GTF) engine across the product line to reflect the significant value these engines are expected to provide customers following entry into service. The new pricing is scheduled to go into effect in 2015.

Pratt & Whitney says it is continuing to achieve impressive test results on the PurePower engine family, which has now successfully completed more than 15,000 hours and 30,000 cycles of testing. The GTF engine family has met or exceeded all technical expectations and customer commitments. Demand for the PurePower Geared Turbofan engine is very strong with more than 6,300 orders, including options, to date with 60 customers from 30 countries.

"We are more confident than ever that the PurePower engine is the most fuel efficient engine in its category. Airlines already see the benefits of our technology, which will save millions of dollars in fuel expenses and maintenance costs year after year," said Greg Gernhardt, president, Pratt & Whitney Commercial Engines. "As a result of the exceptional customer demand and great test results on our PurePower engine, we are implementing increases to the engine pricing across our product range."

The PurePower GTF engine's performance has enabled Pratt & Whitney to offer an increased thrust rating for the A321neo aircraft for high-altitude airport operation, as well as the PurePower Advantage upgrade that will further reduce fuel consumption for the PW1100G-JM engine by two percent relative to the entry into service commitment.

(Image from file)

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