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Pratt sees 1,000 geared turbo fan orders at show

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(GlobalPost/GlobalPost)

PARIS (Reuters) - Pratt & Whitney <UTX.N> said on Tuesday that it expects to log 1,000 orders for its geared turbo fan aircraft engine at the Paris Airshow, adding to a backlog of 3,500 engines.

The company was chosen to power the next-generation Embraer <EMBR3.SA> E-Jet, which launched on Monday with up to 365 potential orders.

The geared turbo fan engine is also on the Bombardier <BBDb.TO> CSeries jet due for first flight later this month, and three other platforms.

Pratt & Whitney added that revenue was expected to double to more than $24 billion by 2020 from $12.2 billion in 2010 as production rises to levels not seen since the 1980s.

(Reporting by Alwyn Scott; Editing by James Regan)

http://www.globalpost.com/dispatch/news/thomson-reuters/130618/pratt-sees-1000-geared-turbo-fan-orders-at-show