United Tech to Provide Engines for Hawaiian Airlines

Following up on January's announcement that Hawaiian Airlines (NASDAQ: HA  ) is buying 16 new A321neo airliners from Airbus -- and optioning nine more -- airplane engine maker United Technologies (NYSE: UTX  ) said Thursday that it will be supplying the engines for all 25 airplanes.

Depending on whether all optioned planes are actually ordered, UTC's Pratt & Whitney subsidiary will supply up to 50 PurePower PW1133G-JM engines to power the planes, and sign Hawaiian to a long-term fleet management program to maintain the engines. Financial terms were not disclosed in the press release.

Hawaiian offers nonstop service to Hawaii from 11 U.S. gateway cities, along with service from Japan, South Korea, the Philippines, Australia, New Zealand, American Samoa, and Tahiti. New nonstop service is scheduled to begin between Honolulu and Taipei, Taiwan, on July 9, and Beijing, China, on April 16, 2014. Hawaiian also provides some 160 daily jet flights among the Hawaiian Islands.

link


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2361120, ~/Articles/ArticleHandler.aspx, 7/28/2014 1:27:54 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 16,939.60 -20.97 -0.12%
S&P 500 1,976.07 -2.27 -0.11%
NASD 4,438.35 -11.22 -0.25%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

7/28/2014 1:10 PM
HA $13.96 Down -0.45 -3.09%
Hawaiian Holdings,… CAPS Rating: ***
UTX $108.62 Down -0.27 -0.24%
United Technologie… CAPS Rating: ****

Advertisement