EAST HARTFORD, Conn., August 27, 2008 – Pratt & Whitney and Aviall Services Inc., have reached an agreement for the exclusive worldwide distribution of JT9D spare parts. Under the agreement, Aviall will supply new Pratt & Whitney Original Equipment Manufacturer (OEM) spare parts to JT9D engine operators throughout the world. Pratt & Whitney is a division of United Technologies Corp. (NYSE:UTX).
“By working with Aviall to distribute all JT9D spare parts we can offer enhanced value to our customers while simultaneously managing our inventory and supply chain more effectively,” said Todd Kallman, president, Pratt & Whitney Commercial Engines. “We have worked closely with Aviall and are confident that their broad distribution network will continue to support our customers with the world-class customer service they expect from Pratt & Whitney.”
The JT9D was produced from 1969 through 1990 and powers Boeing 747 and 767 aircraft, Airbus A300 and A310 aircraft and McDonnell Douglas DC-10 aircraft. There are currently more than 1,200 engines installed with operators around the world. Pratt & Whitney will work with Aviall to ensure their critical core competencies of inventory forecasting and management, field sales and marketing, product fulfillment, quality management and technology backed tools result in a seamless transition for Pratt & Whitney’s customers.
“This is an exciting opportunity for both Pratt & Whitney and for Aviall. It is a perfect match of their exceptional products and our aftermarket expertise,” said Paul Fulchino, chairman, president and chief executive officer, Aviall, Inc. “The signing of this agreement is another step in expanding our diverse business portfolio for continued long-term growth.”
Pratt & Whitney has more than 16,000 aircraft engines installed with hundreds of airlines around the world. Pratt & Whitney is also a leading partner in two joint venture companies that manufacture commercial aircraft engines: International Aero Engines, which makes the V2500 for the Airbus A320 family of aircraft, and the Engine Alliance, whose GP7200 engine is FAR 33 certified for the new Airbus A380.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.
This release includes "forward looking statements" concerning anticipated business opportunities that are subject to risks and uncertainties. Important factors that could cause actual results to differ materially from those anticipated or implied in forward looking statements include changes in the health of the global economy and the aerospace industry. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's 10-K, 10-Q and other reports filed with the SEC.
