UPS Awards Pratt & Whitney $410 million maintenance contract

United Parcel Service has signed a ten-year agreement with Pratt & Whitney Engine Services to provide maintenance for all of the JT9D-7A engines that power the company’s fleet of 12 Boeing 747-100F freighter aircraft. The agreement has an estimated value of $410 million.

UPS is the world’s largest express carrier and package delivery company, serving more than 200 countries and territories around the globe. With a fleet of 261 jet aircraft in service or on order, UPS is the ninth largest airline in North America. UPS reported annual revenues of $27.1 billion in 1999 and delivered 3.28 billion parcels and documents last year.

The UPS agreement brings to nearly three-quarters of a billion dollars the amount of long-term JT9D maintenance work Engine Services has won in 2000. UPS also recently ordered 30 Airbus Industrie A300 freighters powered by the PW4000 engine.

Pratt & Whitney Engine Services has grown in recent years to a billion dollars in annual sales.

Pratt & Whitney are on the web at www.pratt-whitney.com

United Parcel Services can be found at www.ups.com