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- Apr 3, 2003
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Contact: Mark P. Sullivan
860-565-9600
Internet www.pw.utc.com
Pratt & Whitney Awarded $2 Billion United Airlines Fleet Management Program
EAST HARTFORD, Conn., January 29, 2004 --- United Airlines has awarded Pratt & Whitney a 10-year Fleet Management Program for the airline’s fleet of V2500-A5 engines. The Fleet Management Program with United Airlines is the largest aftermarket agreement in Pratt & Whitney history and has an estimated value of more than $2 billion USD.
The 10-year agreement includes two five-year options and covers over 300 installed and spare engines that power United Airlines’ Airbus A319 and A320 aircraft. Pratt & Whitney will provide maintenance services at its Columbus Engine Center in Columbus, Georgia.
“We are extremely pleased that United Airlines has chosen Pratt & Whitney to support its V2500-powered Airbus fleet,†said Pratt & Whitney President Louis R. Chênevert. “United Airlines and Pratt & Whitney have had a long and rewarding relationship for more than a half century and this fleet management program agreement demonstrates the success of that business partnership. We believe the Columbus Engine Center’s world-class competitive turnaround times and high quality maintenance services were key factors in the award of this agreement and we look forward to helping United Airlines create value with their V2500 maintenance.â€
“This agreement represents another important step forward in United’s restructuring efforts, and Pratt & Whitney’s commitment sends a strong message of their confidence in our turnaround plan,†said Rick Poulton, United’s senior vice president and chief procurement officer. “We are delighted with the cooperation between United and Pratt & Whitney in reaching a deal that both drives significant cost savings and reinforces United’s highest standards of quality and safety in engine maintenance.â€
The Columbus Engine Center is part of the Pratt & Whitney Aftermarket Services network, which offers overhaul and repair services at nearly 30 locations around the world. Columbus is a dedicated V2500 shop providing total maintenance and engine overhaul services.
The V2500 engines are manufactured by International Aero Engines, an international consortium in which Pratt & Whitney is a lead partner with Rolls-Royce. The other partners are Japanese Aero Engines and MTU Aero Engines.
Pratt & Whitney, a United Technologies Company (NYSE:UTX), is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines.
# # #
© 2004, United Technologies Corp. -- Pratt & Whitney
Go ahead and twist the facts, this letter and the work is under the watch of amfa! If they cared it would have been discussed prior to this announcement that amfa had an objection.
860-565-9600
Internet www.pw.utc.com
Pratt & Whitney Awarded $2 Billion United Airlines Fleet Management Program
EAST HARTFORD, Conn., January 29, 2004 --- United Airlines has awarded Pratt & Whitney a 10-year Fleet Management Program for the airline’s fleet of V2500-A5 engines. The Fleet Management Program with United Airlines is the largest aftermarket agreement in Pratt & Whitney history and has an estimated value of more than $2 billion USD.
The 10-year agreement includes two five-year options and covers over 300 installed and spare engines that power United Airlines’ Airbus A319 and A320 aircraft. Pratt & Whitney will provide maintenance services at its Columbus Engine Center in Columbus, Georgia.
“We are extremely pleased that United Airlines has chosen Pratt & Whitney to support its V2500-powered Airbus fleet,†said Pratt & Whitney President Louis R. Chênevert. “United Airlines and Pratt & Whitney have had a long and rewarding relationship for more than a half century and this fleet management program agreement demonstrates the success of that business partnership. We believe the Columbus Engine Center’s world-class competitive turnaround times and high quality maintenance services were key factors in the award of this agreement and we look forward to helping United Airlines create value with their V2500 maintenance.â€
“This agreement represents another important step forward in United’s restructuring efforts, and Pratt & Whitney’s commitment sends a strong message of their confidence in our turnaround plan,†said Rick Poulton, United’s senior vice president and chief procurement officer. “We are delighted with the cooperation between United and Pratt & Whitney in reaching a deal that both drives significant cost savings and reinforces United’s highest standards of quality and safety in engine maintenance.â€
The Columbus Engine Center is part of the Pratt & Whitney Aftermarket Services network, which offers overhaul and repair services at nearly 30 locations around the world. Columbus is a dedicated V2500 shop providing total maintenance and engine overhaul services.
The V2500 engines are manufactured by International Aero Engines, an international consortium in which Pratt & Whitney is a lead partner with Rolls-Royce. The other partners are Japanese Aero Engines and MTU Aero Engines.
Pratt & Whitney, a United Technologies Company (NYSE:UTX), is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines.
# # #
© 2004, United Technologies Corp. -- Pratt & Whitney
Go ahead and twist the facts, this letter and the work is under the watch of amfa! If they cared it would have been discussed prior to this announcement that amfa had an objection.