This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

UTC Aerospace Systems To Provide Nacelle Maintenance For Avianca Brazil A320 Fleet

CHARLOTTE, N.C., April 16, 2013 /PRNewswire/ -- UTC Aerospace Systems' Aerostructures business has been selected by Ocean Air Linhas Aereas Avianca Brazil to provide complete nacelle maintenance for the airline's fleet of 12 A320 family aircraft powered by CFM56-5B engines. The flight hour agreement specifies that Aerostructures will provide initial provisioning of spare parts, dedicated nacelle components to enhance Avianca Brazil's operational reliability, as well as providing scheduled and unscheduled maintenance repair and overhaul (MRO) coverage, including parts and labor. The MRO work will be performed at the UTC Aerospace Systems' MRO facility located in Atibaia, Brazil (Goodrich do Brasil). UTC Aerospace Systems is a unit of United Technologies Corp. (NYSE:UTX).

"This is our first nacelle flight hour agreement within Brazil and demonstrates the importance of this growing market," said Marc Duvall, president of Aerostructures. "Being selected by Avianca also underscores our capability in serving South American customers' MRO needs through our maintenance facility, which relocated from Sao Carlos to Atibaia last year."

A nacelle is the structure that surrounds the engine on an aircraft that improves fuel savings, reduces noise and assists in stopping the aircraft upon landing.

Avianca's vision is to be the best airline in Brazil in quality, services, profitability and work environment. More information is available at http://www.avianca.com.br

UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries. UTC Aerospace Systems supports a global customer base with significant worldwide manufacturing and customer service facilities.

United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries.

www.utcaerospacesystems.com  

SOURCE UTC Aerospace Systems

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,550.69 -47.51 -0.27%
S&P 500 2,093.32 -4.72 -0.22%
NASDAQ 5,105.5460 -9.8360 -0.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs