Pratt & Whitney Canada (P&WC) and China Aviation Engine Holdings Corporation (AVIC Engine Holdings) announced the creation of a new joint venture to be located in Zhuzhou, Province of Hunan, People’s Republic of China. The new maintenance, repair and overhaul (MRO) will be called Zhuzhou Tonghui Aero Engine Maintenance Company (AEMC) and will provide in-country maintenance, repair and overhaul for civil-certified PT6A and PW100 and series engines.
The joint venture will be legally structured through SAIC’s ( China National South Aviation Industry Co) subsidiary – General Aviation Engine Company (GAEC) and UTC’s subsidiary – United Technologies Far East (UTFE). AEMC will be owned 75% by GAEC and 25% by UTFE. The joint venture agreement is for 25 years with an option for renewal. AEMC’s board of directors will consist of AVIC representatives and P&WC representatives. P&WC will appoint its general manager and AVIC, the chief financial officer. The remainder of the management team will be jointly selected by the joint venture partners.