NEXT-GENERATION PW307D ENGINE RECEIVES EASA APPROVAL

Monday 23rd May 2016

New Engine Growing P&WC's Presence in Long-Range Business Jet Market

Pratt & Whitney Canada (P&WC) is proud to announce that its new PW307D engine received type validation from the European Aviation Safety Agency (EASA). The company's latest generation turbofan engine was first introduced two years ago at the European Business Aviation Convention and Exhibition (EBACE). P&WC is a United Technologies Corp. company (NYSE:UTX).

Validation from the European authorities completes the key engine certification and validation activities for the PW307D program, following approval from Transport Canada and the Federal Aviation Administration last year. The engine will power Dassault Aviation's new Falcon 8X, a three-engine ultra-long-range business jet which completed its first flight in February 2015 and is expected to be certified this summer.

Part of the PW300 family of business jet engines, the powerful, clean, compact and quiet PW307D solidifies P&WC's presence in the long-range business aviation segment. Through technological refinements designed to support the extended range and maximum takeoff weight of the Falcon 8X, the PW307D builds on the success of the PW307A program, which to date has delivered over 800 engines for Dassault Aviation's Falcon 7X business jet. Specifically, the new engine offers increased takeoff thrust and improved fuel consumption compared to the PW307A, along with one of the highest thrust-to-weight ratios in its class.

Delivering Increased Range and Optimal Passenger Comfort

"Thanks to its outstanding performance, reliability and operating economics, the PW307D will help meet business jet customers' demand for increased range and optimal passenger comfort," noted Michael Perodeau, Vice President, Marketing, responsible for Business Aviation and Military Programs. "The global ultra-long- and long-range business jet is an important segment, and with the PW307D and other state-of-the-art engines in our next-generation portfolio, we are establishing ourselves as a leader in this area."

To date, P&WC has delivered over 4,600 PW300 turbofans worldwide, which have accumulated close to 16 million flight hours. The engines are recognized in the 4,700- to 8,000-lb thrust class for their low fuel consumption, economical operation and environmental friendliness, made possible in part by P&WC's TALON™ low emission combustor technology, which delivers a step change in energy efficiency and reduced environmental impact.

All PW300 models are equipped with full-authority digital engine control (FADEC), providing reduced pilot workload and advanced engine health monitoring & diagnostics, thus assuring a high standard of aircraft dispatch availability. Moreover, by using the latest innovations to deliver highly dependable, fuel-efficient power, the PW300 offers low emission TALON™ combustion and advanced shock management fan technologies providing clean and quiet performance.

Long-Standing Customer Relationship with Dassault Aviation

Dassault Aviation has been a key customer for the PW300 family since 1999, when it selected the PW308C for the Falcon 2000EX. The engine also powers the Falcon 2000DX, 2000LX, 2000S and 2000LXS variants.  Dassault also selected the PW307A for the Falcon 7X and the PW307D for the Falcon 8X.

"We are proud to have worked with Dassault Aviation for almost two decades and supported them in developing some of the world's most advanced business jets, like the Falcon 8X," remarked Perodeau. "With the PW307D, we have built on our extensive experience with the PW307A, and with over 1,000 hours of development testing for the PW307D, we are confident that the new engine will meet the high expectations of Falcon 8X customers and enhance [or strengthen] the position of both Dassault Aviation and P&WC as global business aviation leaders."

ESP® Platinum: Maximum Peace of Mind and Aircraft Availability

The PW307D is backed by support from the industry's largest worldwide network and most experienced service experts. What's more, Falcon 8X customers will be able to take advantage of P&WC's Eagle Service Plan™ (ESP®) Platinum.

This flexible pay-per-hour plan is a premium, white-glove customer service solution that offers customers peace of mind by helping them plan their maintenance costs and maximize aircraft availability. It is a testament to P&WC's commitment to rapid, customized service that addresses operators' changing needs. More information about the ESP® program is available at www.pwc.ca/service-support.

P&WC will be at EBACE 2016 in Geneva from May 24 to May 26. Please join us at stand 114 to learn more about our dependable engines and customer offerings.

About Pratt & Whitney Canada 
Founded in 1928, P&WC is a global leader in aerospace that is shaping the future of aviation with dependable, high-technology engines. Based in Longueuil, Quebec (Canada), P&WC is a wholly owned subsidiary of United Technologies Corp. United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the global aerospace and building systems industries.

This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in levels of demand in the aerospace industry, in levels of air travel, and in the number of aircraft to be built; challenges in the design, development, production and support, performance and realization of anticipated benefits of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corp.'s Securities and Exchange Commission filings.