Pratt & Whitney Turkish Engine Center Signs Landmark Maintenance Contract with Turkish Airlines

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Nov 01, 2017, 20:00 ET

SINGAPORE, Nov. 1, 2017 /PRNewswire/ -- Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), announced today that the Pratt & Whitney Turkish Engine Center has signed one of its largest maintenance contracts in recent history. Turkish Airlines has selected the engine center, a joint venture between Pratt & Whitney and Turkish Technic, for up to a five-year EngineWise™ service agreement covering 100 percent of the airline's V2500^® and CFM56 -7b engine overhaul requirements.

The Pratt & Whitney Turkish Engine Center started operations in 2010 and draws on decades of maintenance experience from both Pratt & Whitney and Turkish Airlines. The engine center is equipped with high-tech, innovative flow lines and the latest machinery to overhaul engines to the industry's highest standards. Demonstrating a high level of quality and safety, the engine center has delivered over 600 engines since 2010.

"This agreement is an extension of our long-standing relationship with Pratt & Whitney through our joint venture together," said Bilâl Ekşi, Deputy Chairman & CEO of Turkish Airlines. "We are confident our customers will benefit from our collaborative efforts."

"We look forward to offering Turkish Airlines the same high standard of service that they have come to expect from Pratt & Whitney under our EngineWise service brand," said Joe Sylvestro, vice president, Aftermarket Operations. "This agreement highlights both parties' long-term commitment to high-quality maintenance services for Turkish Airlines. This also marks a significant milestone for Pratt & Whitney as one of the most significant Aftermarket service agreements in recent history and we thank Turkish Airlines for their confidence in our company."

About Turkish Airlines

Established in 1933 with a fleet of five aircraft, Star Alliance member Turkish Airlines is a 4-star airline today with a fleet of 329 (passenger and cargo) aircraft flying to 300 destinations worldwide with 251 international and 49 domestic. According to the 2017 Skytrax survey, Turkish Airlines, already having a six consecutive years of "Best Airline in Europe" award between 2011-2016, now chosen as the "Best Airline in Southern Europe" for the ninth consecutive times. Having won the "Best Economy Class Onboard Catering" award in 2010, Turkish Airlines also awarded as the World's "Best Business Class Onboard Catering" in 2013, 2014 and 2016, and 2017. Winning the "World's Best Business Class Lounge" award in 2015 and 2017, the global carrier also picked up the World's "Best Business Class Lounge Dining" award for the third consecutive years according to this year's survey results. More information about Turkish Airlines can be found on its official website www.turkishairlines.com or its social media accounts on Facebook, Twitter, YouTube, LinkedIn, and Instagram.

About Pratt & Whitney

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems 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 support, performance and realization of the anticipated benefits of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corp.'s Securities and Exchange Commission filings.