P&W, Kingfisher Sign Contract for $300 Million Engine Order

Washington D.C: Pratt & Whitney, a United Technologies Corp. company, and Kingfisher Airlines signed a contract today for engines to power Kingfisher's new fleet of Airbus A330 aircraft. The agreement was signed during a ceremony at the U.S. Department of Commerce in Washington, D.C.
The deal includes 10 PW4000-100" installed engines, one spare and an option for an additional 10 engines. Pratt & Whitney was also awarded a long-term exclusive fleet management program to overhaul and repair Kingfisher's PW4000 engines. The total transaction is valued at $300 million, plus an additional $200 million if all options are exercised.
Pratt & Whitney and Kingfisher Airlines announced the deal with the signing of a memorandum of understanding earlier this year at the Farnborough International Airshow outside of London.
22/11/06 Centre for Asia Pacific Aviation (press release), Australia

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