Aegean signs preliminary deal to buy Pratt & Whitney engines
ATHENS, Greece (AP) - 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) agreement 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 percent better fuel efficiency and 75 percent noise reduction, as well as significantly lower pollution emissions, according to Aegean.
The memorandum of understanding will also provide for long-term maintenance for the new engines.
Aegean was founded 19 years ago and serves 150 destinations in 44 countries.
Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Brownsville ISD board members adopt resolution to online learning
Pharr officials order delay to in-person teaching at public schools
Public viewing for fallen McAllen officers underway at convention center
Mission CISD prepares to start school-year remotely
Man in custody following officer-involved shooting in McAllen