Japan Airlines Co., Ltd. has selected Pratt & Whitney for a Fleet Management Program agreement and a part repair agreement to provide maintenance for the airline's Pratt & Whitney-powered aircraft engines and engine parts. Pratt & Whitney is a United Technologies Corp. (NYSE: UTX) company.
Under the Fleet Management agreement, Pratt & Whitney Global Service Partners' Singapore-based Eagle Services Asia engine overhaul facility will provide maintenance services for the airline's PW4090 engines. Pratt & Whitney will also provide part repair services for the airline's fleet of Pratt & Whitney PW4074, PW4077 and JT9D engines through the Pratt & Whitney Global Service Partners part repair network. These seven-year agreements are expected to be worth a combined value of approximately $450 million to Pratt & Whitney over the life of their terms.
"Pratt & Whitney Global Service Partners is honored to continue its partnership with Japan Airlines with these long-term engine maintenance agreements," said Todd Kallman, president, Pratt & Whitney Commercial Engines & Global Services. "Japan Airlines holds very high maintenance standards and commitment to quality. Pratt & Whitney Global Service Partners will continue to deliver services which meet Japan Airlines' standards."
"Japan Airlines has a long history of working with Pratt & Whitney to maintain our Pratt & Whitney engines," said Nobuhiro Sato, Senior Managing Executive Officer, Japan Airlines Co.Ltd. and president, JAL Engineering Co., Ltd. "We are pleased to continue engaging Pratt & Whitney Global Service Partners in our unceasing efforts to ensure Japan Airlines' aircraft are kept at the highest possible standards in reliability and performance for our customers. Furthermore, it provides added advantage of maintenance cost reduction and cost control benefits."
Source: Pratt & Whitney, A United Technologies Company (NYSE:UTX)
Date: Feb 20, 2012