Farnborough (PRATT & WHITNEY) – Pratt & Whitney Canada Corp. (P&WC), a United Technologies Corp. (NYSE:UTX) company, today signed an exclusive five-year agreement with fast-growing Kingfisher Airlines of Mumbai, India, to maintain engines for its new fleet of 35 ATR 72-500 turboprop aircraft. The contract is valued at approximately US$60 million.
“This agreement confirms that we are the service provider of choice for the rapidly expanding fleet of P&WC engines in India,” noted Alain M. Bellemare, president, P&WC. “It also underscores the increasing popularity of turboprops in India thanks to their excellent operating economics, reliability and durability.”
Kingfisher Airlines ordered 20 new ATR 72-500 (PW127F) turboprops at the 2005 Dubai Air Show and an additional 15 in early 2006 as part of a major expansion of its fleet. Kingfisher Airlines says it plans to use the aircraft to develop new routes and link unconnected cities in India. Deliveries began last spring and are scheduled to be completed by August 2008.
Bellemare said P&WC intends to establish HSI capability in India by year-end and leverage its dedicated on-site representatives to support the growing number of commercial and corporate operators in India. “Major engine refurbishments will be supported through our worldwide Service Centre network, with a prime focus in Singapore,” he added.
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