EL AL has signed an exclusive, five-year Maintenance Service Agreement with Pratt & Whitney to provide maintenance services on up to 17 additional PW4000 engines. This agreement supplements the 27 EL AL engines that Pratt & Whitney already services. Pratt & Whitney is a United Technologies Corp. (NYSE: UTX) company.
"One of our core values is to work relentlessly and without compromise for our customers' safety," said Mr. Yosef Barazani, EL AL's vice president of Maintenance & Engineering. "By working with Pratt & Whitney, we know that our engines are being maintained to the highest standards and with short turn-around time, which not only helps us achieve our safety goals, but also helps us to gain greater value from the engines."
"Pratt & Whitney and EL AL have a more than 50-year history together, and we are proud to continue to provide valuable services to this premier airline," said Matthew Bromberg, president, Pratt & Whitney Aftermarket. "This new agreement demonstrates our strong relationship with EL AL and our dedication to helping them improve their business by keeping their engines in service for as long as possible and operating efficiently."
With more than 90 years of expertise, Pratt & Whitney can provide aircraft operators with highly technical expertise and services. Independent analysis confirms that OEM-supported engines retain the highest residual value and maintain higher performance levels.
EL AL Israel Airlines, Israel's national airline, established in 1948, offers more non-stop flights than any other airline to/from Israel. EL AL flies to 36 destinations from Israel and serves hundreds of other destinations throughout the world via partnerships with many other carriers.
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 the anticipated performance of new products and anticipated 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 United Technologies Corp.'s Securities and Exchange Commission filings.