Collins Aerospace announces more than $1.5 billion in maintenance agreements from worldwide customers at Paris Air Show
Collins Aerospace announced June 18 at the Paris Air Show that it has recently been awarded more than $1.5 billion in tailored agreements for components spanning its Power & Controls and Aerostructures business.
PARIS – Collins Aerospace announced June 18 at the Paris Air Show that it has recently been awarded more than $1.5 billion in tailored agreements for components spanning its Power & Controls and Aerostructures business units—across multiple commercial platforms with global commercial customers. Collins Aerospace is a unit of United Technologies Corp.
These recent agreements include Collins Aerospace’s first MRO agreement with Africa’s largest carrier, Ethiopian Airlines. The agreement, valued at approximately $500 million over a 25 year period with Collins Aerospace’s Power & Controls business, will enable the airline to service components such as heat exchangers, air management systems and fuel metering units for its fleet of 60 Q400 aircraft.
Additionally, Collins Aerospace’s Aerostructures business signed new long-term FlightSense Nacelle agreements on 787 and A320 aircraft platforms, amounting to over $900 million including options with multiple IATA II customers spanning over a 25 year period.
Two Asia-Pacific airlines, including Japan Airlines, have both signed FlightSense agreements with Collins Aerospace. Japan Airlines signed a multi-fleet FlightSense Onsite Support agreement allowing Collins Aerospace to manage its MRO supply chain, providing the airline with onsite inventory, competitive rates for OEM-quality parts and improved shop efficiency. Additionally, an undisclosed airline in the region has signed a FlightSense Predictable agreement in its effort to improve reliability and reduce downtime with advanced exchanges during critical repairs to its 777 fleet.