Vietnam Airlines Signs Maintenance Service Agreement for V2500® Engines

FARNBOROUGH, England, July 16, 2018 /PRNewswire/ -- Vietnam Airlines has signed a 3-year maintenance services agreement with IAE International Aero Engines AG. The non-exclusive agreement will cover engine overhauls for the airline's V2500 engines. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, a division of United Technologies Corporation (NYSE:UTX), Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines.

"It is important to Vietnam Airlines that we have the highest quality maintenance services performed on our fleet of V2500-powered aircraft," said Dang Ngoc Hoa, executive vice president, Vietnam Airlines.

"We are thrilled to sign our first V2500 engine aftermarket agreement with Vietnam Airlines and help the airline to manage their fleet more efficiently," said Dan Kirk, senior director, Aftermarket Sales, Pratt & Whitney. "We are committed to delivering world-class aftermarket services to our customers around the world."

About Pratt & Whitney

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft and helicopter 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. To receive press releases and other news directly, please sign up here.

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.

Pratt & Whitney
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SOURCE Pratt & Whitney