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Delta Signs $50 Million Exclusive JT8D Engine Parts Agreement

January 12, 2009 | About:

Press Release: Delta Signs $50 Million Exclusive JT8D Engine Parts Agreement

EAST HARTFORD, Conn., Jan. 12 /PRNewswire-FirstCall/ -- Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), signed a long-term JT8D-219 engine parts agreement with Delta Air Lines. Under the agreement, Pratt & Whitney will be the exclusive supplier of most JT8D-219 material including compressor and turbine blades and vanes for Delta. Pratt & Whitney also will stock the parts in an on-site consignment warehouse within the Delta TechOps facility in Atlanta."Pratt & Whitney is committed to being a leader in an increasingly competitive marketplace, and we continue to explore together new and innovative ways to reduce our total cost within the supply chain," said Jason Adams, general manager, Supply Chain, Delta Air Lines. "Additionally, we were able to conclude this deal in a very short timeframe untypical of our industry for programs of this magnitude." "Pratt & Whitney's material management model, based on establishing predictable and stable maintenance costs and offering very high service level guarantees, was key to winning this agreement," said Jill Albertelli, vice president, Materials Management, Pratt & Whitney Commercial Engines & Global Services. "We look forward to continuing our relationship with Delta, one of the largest JT8D-219 operators. This competitively won deal is a testimony of the strong commitment that we as an OEMRO(R) have for our customers."Pratt & Whitney has more than 16,000 aircraft engines installed with hundreds of airlines around the world. Pratt & Whitney is also a leading partner in two joint venture companies that manufacture commercial aircraft engines: International Aero Engines, which makes the V2500 for the Airbus A320 family of aircraft, and the Engine Alliance, whose GP7200 engine is in service on the Airbus A380.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.

Katy Padgett                                Matthew Perra    Commercial Engines & Global Services        Pratt & Whitney    +1.860.565.3433                             +1.860.565.8938    [email protected]                 [email protected]
Source: PRNewsWireMore on UTX:

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