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MTU Aero Engines to benefit from Republic Airways’ contract for CSeries Aircraft
• U.S. airline places orders for up to 80 aircraft powered by Pratt & Whitney’s PurePower® PW1000G Engine
Munich, March 9, 2010 – New contract win for the Pratt & Whitney PurePower® PW1000G Engine: Republic Airways has signed a purchase agreement with Bombardier Aerospace for 40 CSeries aircraft with options on up to 40 additional aircraft. The twin-engined airliner is exclusively powered by the Pratt & Whitney PurePower PW1000G engine. MTU Aero Engines is a major stakeholder in this innovative, next-generation propulsion system. The overall contract covers more than 160 engines, if all options are exercised. For Germany's leading engine manufacturer it could translate into sales of over 200 million euros at list price.
"This deal goes to show that the market is embracing the extraordinary benefits afforded by this innovative propulsion system. MTU is proud to be a major partner to Pratt & Whitney in the PurePower PW1000G engine program," commented MTU CEO Egon Behle.
The PurePower PW1000G engine offers a number of advantages: It delivers double-digit reductions in fuel burn and CO2 emissions. It is up to 50 percent quieter than conventional engines and more cost efficient to operate. MTU contributes the high-speed low-pressure turbine – a key component – and half of the technologically advanced high-pressure compressor to this Pratt & Whitney engine. To date, the PurePower PW1000G engine has won orders for more than 400 engines, if all options are exercised.
Republic Airways Holdings is based in Indianapolis, Indiana. The airline holding company owns Chautauqua Airlines, Frontier Airlines, Lynx Aviation, Midwest Airlines, Republic Airlines, and Shuttle America.
About MTU Aero Engines
MTU Aero Engines is Germany's leading engine manufacturer and a long-established player in the industry. The company has a global workforce of about 7,600 employees. In fiscal 2009, MTU posted consolidated sales of around 2.6 billion euros. In the commercial area, MTU is the world's largest independent provider of engine maintenance services. In the military arena, it is Germany's industrial lead company for practically all engines flown by the country's armed forces. MTU is a global technology leader, excelling in low-pressure turbines, high-pressure compressors, and manufacturing and repair techniques.