Released on Thursday, September 24, 2009
El Al Selects Pratt & Whitney for Fleet Management Program Valued at $70 Million
MRO EUROPE � Hamburg, Germany, Sept. 24, 2009 � El Al signed a five year extension agreement for a Pratt & Whitney Fleet Management Program for service on PW4060 engines powering its Boeing 767s and 747-400s. The agreement includes management and overhaul of the engines with an option to extend the contract up to five additional years. The estimated value of the deal is about $70 million. Pratt & Whitney is a United Technologies Corp. (NYSE:UTX) company.
"We count on Pratt & Whitney to keep our 767 and 747-400 fleet flying without disruption," said Shmuel Kuzi, vice president, Maintenance & Engineering, El Al. "Our Fleet Management Program helps us to keep commitments to our customers through operational excellence."
"El Al was Pratt & Whitney's very first Fleet Management Program customer," said Jim Guiliano, vice president, Global Customer Services, Pratt & Whitney Global Service Partners. "We are proud to continue to provide them with the dependable products and services that serve as the foundation of our strong relationship."
El Al, established in 1948 as the national Israel Airlines, has grown into a prestigious international carrier. Covering every aspect of service, assuring that passengers' requirements are met on time, every time, El Al was ranked by IATA as one of the world's three most efficient air carriers.
Sales & Contracts
MRO - Maintenance, Repair and Overhaul