P&WC Selected by Aegean Group, the Greek Flag Carrier, for F
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This news is classified in: Aerospace Aviation Contracts Engines / Power / Fuel MRO

Jun 26, 2024

P&WC Selected by Aegean Group, the Greek Flag Carrier, for Fleet Engine Scheduled Maintenance

  • Maintenance contract covers PW127M engine overhauls and hot section inspections for the airline's ATR turboprop aircraft

Pratt & Whitney Canada has signed a seven-year engine maintenance contract with AEGEAN’s subsidiary Olympic Air. The contract covers the scheduled maintenance of 28 PW127M engines powering the airline’s 13 ATR passenger aircraft. Pratt & Whitney is an RTX (NYSE: RTX) business.

“We developed a specialized program that is cost-effective for Olympic Air and seeks to achieve efficient asset management and dependable dispatch availability,” said Irene Makris, vice president, Customer Service, Pratt & Whitney Canada. “Olympic Air protects the value of its investment and gains peace of mind by relying on our comprehensive engine maintenance solutions and service for their fleet of PW127M engines.”

The PW100 engine family celebrates its 40th anniversary in 2024. This engine family is the benchmark for low fuel consumption on routes of 350 miles or less, consuming 25% to 40% less fuel and avoiding an equal measure of CO2 emissions than similar-sized regional jets. The engines are also biofuel compatible and are certified for up to a 50% blend of sustainable aviation fuel.

Commercial Aircraft Maintenance, Repair & Overhaul (MRO) - Market and Technology Forecast to 2032

Commercial Aircraft Maintenance, Repair & Overhaul (MRO) - Market and Technology Forecast to 2032

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“The Pratt & Whitney Canada PW127M engines on our ATR fleet deliver for us every day with solid environmental performance and high levels of reliability,” said Michalis Kouveliotis CEO of Olympic Air and CFO of AEGEAN. “We wanted to further leverage that performance with a maintenance plan for hot section inspections and overhauls that helps us meet our flight schedule promises to our customers.”

Later this year, Olympic Air is scheduled to take delivery of an additional ATR 72-600 aircraft equipped with the latest generation PW127XT-M engines, now the standard on all new ATR aircraft. The PW127XT-M offers 40% extended time on wing, bringing engine overhaul to 20,000 hours for a typical regional operator. The engine also boasts a 20% reduction in maintenance costs and a 3% improvement in fuel consumption.



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