P&W Wins $533 M for V2500 Engines from Wizz Air

(Farnborough, July 18, 2008) - Wizz Air, Central and Eastern Europe's largest low cost airline, has selected the International Aero Engines V2500 to power a new fleet of 50 Airbus A320 aircraft. The combined engine and aftermarket deal is valued at more than $533 million to Pratt & Whitney, if all options are exercised. Pratt & Whitney, a United Technologies Corp. (NYSE: UTX) company, is a major participant in International Aero Engines (IAE).

Wizz Air currently operates 18 IAE-powered aircraft and has on order a further 23 A320s that are already committed to be equipped with the V2500.

Source : Pratt & Whitney

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