China Aircraft Leasing Group Holdings (CALC) has entered into a MoU with Pratt & Whitney for a firm order to power 10 Airbus A320neo Family aircraft and options for up to 50 more.
On Wednesday (June 22, 2023), from the Paris Air Show, Pratt & Whitney announced that China Aircraft Leasing Group Holdings Limited (CALC) has signed a Memorandum of Understanding (MoU) to power up to 60 more Airbus A320neo Family aircraft with GTF engines. The deal includes a firm order to power 10 A320neos and options for up to 50 more GTF-powered jets. Headquartered in Hong Kong, CALC was founded in 2006 and currently manages a portfolio of 28 V2500® powered A320ceo Family aircraft and 15 GTF-powered A320neo Family aircraft. CALC owns and manages a fleet of 176 Airbus, Boeing and COMAC aircraft, with a backlog of 226 aircraft on order as of December 31, 2022.
In Wednesday’s announcement, CALC’s Executive Director, Deputy CEO and Chief Commercial Officer, Winnie Liu, said,
“CALC was the first Chinese lessor to select the GTF engine for its A320neo aircraft, and the value the engine delivers has us coming back again.”
Also commenting on the incremental GTF engine order, Pratt & Whitney’s President of Commercial Engines, Rick Deurloo, said,
“We appreciate CALC’s continued confidence in Pratt & Whitney. Combining the industry-leading sustainability of our GTF engine with CALC’s presence in Asia Pacific, we’re working together on more economically and environmentally friendly connectivity in one of the fastest growing regions for aviation.”
The Pratt & Whitney GTF™ engine, featuring Collins Aerospace nacelle and accessories, offers Airbus A320neo Family operators the greatest fuel efficiency and reduced GHG emissions. GTF-powered aircraft deliver fuel consumption and emissions reductions of 16 to 20 percent, a reduction of NOx emissions of up to 50 percent compared to ICAO CAEP/6 regulations and a 75 percent smaller noise footprint versus prior generation aircraft. Currently, GTF engines are certified to run on 50 percent SAF, and have been successfully tested to run on 100 percent SAF.
A division of Raytheon Technologies Corporation (NYSE: RTX), Pratt & Whitney is a global leader in the design, manufacture and service of aircraft and helicopter engines and auxiliary power units (APUs) for commercial, military, regional, business and general aviation aircraft. Pratt & Whitney is known for their innovative technologies such as the Geared Turbofan (GTF) commercial aircraft engine and the PW800 business jet engine.
Source: Pratt & Whitney