Aegean Airways signs preliminary deal to purchase Pratt & Whitney engines

AP reports from Athens that Greece’s dominant Aegean Airlines has signed a preliminary agreement with Pratt & Whitney to buy new fuel-efficient and lower-pollution engines for up to 62 new passenger jets.

The memorandum of understanding signed in Athens Wednesday is worth up to $1.5 billion, and is part of the 5-billion-euro ($5.7 billion) deal announced in the summer for Aegean to buy new Airbus A320 neo planes.

The Pratt & Whitney GTF engines are designed to offer at least 16% better fuel efficiency and 75% noise reduction, as well as significantly lower pollution emissions, according to Aegean.

Read more at thenationalherald.com

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

 

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