Vietnam Airlines is leasing the aircraft from Aviation Capital Group (ACG). 

The airline announced selection of the GTF engine to power 20 A321neo aircraft in November 2017.  The delivery was celebrated at a ceremony in Hamburg, Germany with Vietnam Airlines, Airbus, ACG and Pratt & Whitney officials in attendance.

"Vietnam Airlines appreciates Airbus A321neo for its exceptional operational performance with new engine and technology saving up to 20 percent fuel burn," said Duong Tri Thanh, president and CEO at Vietnam Airlines. "We are confident that the Airbus A321neo fleet, powered by Pratt & Whitney GTF engines, will further deliver the highest level of passenger comfort on our growing domestic and regional routes in Vietnam and Asia."

Pratt & Whitney and Vietnam Airlines share a long history dating back to the early 1990s when the airline received its first PW4000-powered 767.  Today, the airline's fleet consists of 57 V2500®-powered A320ceo aircraft and 2 PW4170-powered A330 aircraft.  With the addition of the A321neo aircraft, Vietnam Airlines plans to continue their growth in the region.

"New aircraft deliveries are a special milestone, and we are elated to see Vietnam Airlines take delivery of their first A321neo," said Rick Deurloo, senior vice president of sales, marketing and customer support at Pratt & Whitney. "Vietnam Airlines' transition to industry-leading GTF technology is a significant testament of their commitment to growth in the region, with environmental consciousness at top of mind."  

Since entering into service in early 2016, the GTF engine has demonstrated its promised ability to reduce fuel burn by 16 percent, to reduce NOx emissions by 50 percent to the regulatory standard and to lower the noise footprint by 75 percent.

About Pratt & Whitney

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft and helicopter engines, and auxiliary power units. United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. To learn more about UTC, visit its website at www.utc.com, or follow the company on Twitter: @UTC. To learn more about the GTF engine, visit www.pwgtf.com. To receive press releases and other news directly, please sign up here.

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 support, performance and realization of the 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.

Cre: Marketwatch