Pratt & Whitney Launches Geared Turbofan™ Engine MRO Network
FARNBOROUGH AIRSHOW, Monday, July 14, 2014
Pratt & Whitney, a United Technologies Corp. company (NYSE: UTX), launched its Geared Turbofan PW1000G engine maintenance, repair and overhaul (MRO) network at the Farnborough Airshow today, providing customer solutions that result in engines with longer time on-wing and lower fuel burn advantages.
"Pratt & Whitney has teamed with its OEM collaborators to provide Geared Turbofan engine customers with outstanding technical support from day one of entry into service," said Matthew Bromberg, president, Pratt & Whitney Aftermarket.
Pratt & Whitney will build on its existing comprehensive MRO network to locate facilities and customer service representatives around the world to provide rapid service for Geared Turbofan engine operators. To date, five engine overhaul centers have been initially selected to maintain the PW1000G fleet, strategically located in Asia, Europe and North America. All customer service representatives and facilities will be tooled, trained and ready to ensure fast, quality service. Additional providers may be added over time as appropriate.
"The reason we formed a network is to bring as much value to customers as we can," Bromberg said. "Our experienced, high volume shops will streamline operations, continuously improve customized work scopes, and incorporate best practices to offer the highest quality work at competitive costs."
Pratt & Whitney has an open, flexible approach to Geared Turbofan engine maintenance where operators are free to choose their service provider. While there are many advantages to selecting Pratt & Whitney's partner network, operators may choose independent MRO providers as well. "Our approach is not to be exclusive and inflexible. We welcome competition and want our customers to have a choice in their important maintenance decision," Bromberg said.
The Geared Turbofan engine family has more than 5,500 orders and commitments, including options from more than 50 global customers. More than 80 percent of Geared Turbofan engines sold will be serviced under an Engine Services fleet management agreement.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, auxiliary power units, and small turbojet propulsion products. United Technologies Corp., based in Hartford, Connecticut, provides high technology products and services to the building and aerospace industries. To learn more about UTC, visit its website at www.utc.com, or follow the company on Twitter: @UTC.
This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in levels of demand in the aerospace industry, in levels of air travel, and in the number of aircraft to be built; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in UTC's Securities and Exchange Commission filings.
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