LONDON, FARNBOROUGH AIR SHOW, July 17 /PRNewswire-FirstCall/ -- Orenburg Airlines has awarded Pratt & Whitney, a United Technologies Corp. (NYSE: UTX)company, a five-year, exclusive Maintenance Service Agreement (MSA) for CFM maintenance on up to five Boeing 737 aircraft. The estimated value of this award is
This is the first exclusive CFM56(R) engine award between Pratt & Whitney and a Russian customer.
"We are delighted that Orenburg Airlines has chosen Pratt & Whitney Global Service Partners to maintain its CFM56(R) engines," said Jim Keenan, senior vice president and general manager, Pratt & Whitney Global Service Partners. "We believe the Norway Engine Center's highly competitive turnaround times and high-quality maintenance services were important to achieving this vote of confidence. We are looking forward to partnering with this important airline and expanding our presence in the Russian CIS region."
Global Service Partners, Pratt & Whitney's engine services business, is an industry leader in customer solutions and service excellence. It has more than 500 aviation customers served by a worldwide network of 24 overhaul and repair facilities capable of servicing all Pratt & Whitney's engines, as well as the V2500 and CFM56(R) engines. In addition to overhaul and repair services, customers count on Global Service Partners to provide on-wing repair services, advanced engine monitoring and diagnostics, competitive engine lease programs and custom engine service programs.
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., USA, is a diversified company providing high technology products and services to the global aerospace and building industries.
This release includes "forward looking statements" concerning expected revenue and other matters 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 the health of the global economy; strength of end market demand in the commercial aerospace industry; fluctuation in commodity prices, interest rates, and foreign currency exchange rates. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's SEC filings as submitted from time to time, including but not limited to, the information included in UTC's 10-K and 10-Q Reports under the headings "Business," "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Cautionary Note Concerning Factors that May Affect Future Results," as well as the information included in UTC's Current Reports on Form 8-K.
SOURCE Pratt & Whitney
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