EAST
HARTFORD, Conn.,
Jan. 25 /PRNewswire-FirstCall/ -- Northwest Airlines
(NWA) has awarded Pratt & Whitney two, 20-year Global Service Partners service
agreements to maintain Northwest's fleet of PW2000 and PW4168A engines. The
service agreements are the largest ever awarded to Pratt & Whitney, a United
Technologies Corp. (NYSE: UTX) company. Financial terms were not disclosed.
"During a review of our maintenance cost model, we found that having a
single-source maintenance provider for our PW2000 and PW4000 engines would
significantly reduce our engine maintenance costs," said Andrew Roberts,
Northwest Airlines executive vice president of operations. "Pratt & Whitney
Global Service Partners presented the most comprehensive solution for our
engine maintenance needs while meeting our cost reduction targets. We look
forward to continuing our long-standing partnership with Pratt & Whitney."
The Pratt & Whitney Global Service Partners service agreements for
Northwest's fleet of PW2000-powered 757s and PW4168-powered A330s, include:
engine overhaul, part repair, materials management, on-wing engine
diagnostics, lease engine support, environmentally-friendly EcoPower(R) on-
wing water washes, as well as engine upgrades that add fuel efficiency and
durability while lowering maintenance cost.
"We appreciate Northwest Airlines' continued confidence in the quality and
competitiveness of our products and services," said Steve Finger, Pratt &
Whitney president. "Pratt & Whitney's relationship with NWA began in 1926
when we powered their first aircraft. Our 80-year partnership with Northwest
illustrates our continued commitment to delivering engine solutions that
contribute to the success of our customers."
"We are delighted that Northwest Airlines, a recognized market leader, has
chosen Pratt & Whitney Global Service Partners to deliver world-class engine
services," said Jim Keenan, senior vice president and general manager, Pratt &
Whitney Global Service Partners. "This long-term maintenance partnership
strengthens Pratt & Whitney's position as a unique OEMRO(TM) engine services
provider." OEMRO(TM) represents Pratt & Whitney's commitment to unmatched
capability and excellence as both an Original Equipment Manufacturer (OEM) and
maintenance, repair, and overhaul (MRO) provider.
Northwest Airlines is one of the world's largest airlines with hubs at
Detroit, Minneapolis/St. Paul, Memphis, Tokyo and Amsterdam, and approximately
1,400 daily departures. Northwest is a member of SkyTeam, an airline alliance
that offers customers one of the world's most extensive global networks.
Northwest and its travel partners serve more than 900 cities in excess of 160
countries on six continents.
Pratt & Whitney Global Service Partners is a total service provider for
CFM56(R), V2500(R) and Pratt & Whitney engines. In addition to offering
traditional engine overhaul and repair services, customers count on Pratt &
Whitney Global Service Partners to improve engine performance and increase
asset value through a broad portfolio of services including line maintenance
services, engine monitoring and diagnostics, environmentally-friendly on-wing
water washes, lease engines, custom engine service programs and new and
repaired parts.
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 expected
revenue, earnings, cash flow 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, and interest
rates and company specific items including the ability to achieve cost
reductions at planned levels; challenges in the design, development,
production and support of advanced technologies and new products and services;
delays and disruption in delivery of materials and services from suppliers;
labor disputes; and the outcome of legal proceedings. 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.
Jennifer Arsenault Robin Salisbury
Pratt & Whitney P&W Global Service Partners
860.565.9600 860.565.8220
jennifer.arsenault@pw.utc.com robin.salisbury@pw.utc.com