P&W Purchase remaining Japan Turbine Technologies Shares from Japan Airlines

摘要

Pratt & Whitney Global Service Partners has purchased Japan Airlines' stake in Japan Turbine Technologies, a commercial gas turbine engine part repair facility. Japan Turbine Technologies has been a joint venture between Pratt & Whitney and Japan Airlines since 2000, with Pratt & Whitney being the majority partner since that time. With the acquisition of Japan Airlines' 33.4% stake, Japan Turbine Technologies becomes a wholly owned Pratt & Whitney facility.