Scandinavian Airlines Signs 5-yr V-Services Deal To Manage 50 V2500 Engines

(RTTNews) - Pratt & Whitney, a unit of United Technologies Corp. (UTX), Tuesday announced that Scandinavian Airlines or SAS has signed a 5-year V-Services Fixed Price Repair Agreement to manage 50 V2500 engines. The agreement will cover installed engines on SAS's fleet of 25 Airbus aircraft.

The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines.

Based in Scandinavia, SAS is the single largest airline with a market share of about one-third of the total Nordic air travel market. Almost 30 million passengers travel with SAS to destinations in Europe, USA and Asia each year.