Posted on: 03 October 2013 by Mark Howells
Pratt & Whitney Canada (P&WC) and Nordic Aviation Capital (NAC) have sealed a long-term Fleet Management Program (FMP), signed at the ERA General Assembly by Maria Della Posta, SVP sales and marketing, P&WC and Martin Møller, chairman of NAC.
Under the terms of the agreement, the FMP will provide support for P&WC engine operators who lease their aircraft from NAC through a comprehensive maintenance plan until 2030. This approach provides predictable maintenance cost to both NAC and its operators for engine scheduled and unscheduled shop visits at competitive rates and is designed to greatly simplify the contractual arrangements between NAC and the operators.
“With this deal we can offer this at an unprecedented attractive price,” Møller remarked. “And each and every client can be offered this, new or old. Every CEO is dying to have protection for their engines and an engine can stay in the programme if an aircraft is moved to another lessee or even sold. We already have a number of customers interested, even here [at the ERA General Assembly] they’re lining up to discuss this. As far as I know, this is not offered elsewhere.
Della Posta highlighted the fact that the agreement “offers coverage for maintenance which wasn’t there before, including maintenance, parts, pooling and more”.
Bernie Baldwin, editor, Low-Fare & Regional Airlines/LARAnews.net