Agreement: Switzerland based AMAC Aerospace and UTC Aerospace Systems

UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX)has been selected by AMAC Aerospace, a provider of business jet and VIP aircraft completion services, to offer nacelle maintenance. Under terms of the five-year agreement, UTC Aerospace Systems will provide global maintenance solutions including, tailored nacelle and engine build-up, and lease and exchange services. The collective expertise of UTC Aerospace Systems and AMAC Aerospace will create a best-in-class experience for business jet and VIP aircraft customers.

This agreement enhances UTC Aerospace’s presence in the business jet and VIP aircraft segment. Most recently, UTC Aerospace Systems announced that it has been selected by Dassault Aviation to provide an advanced nacelle system for its new Falcon 6X business jet.

“This agreement will enable us to leverage our global MRO network and commercial aircraft experience for the business jet and VIP aircraft segment,” said Aerostructures President Marc Duvall. “We are delighted to work with AMAC, the premier provider of business jet and VIP aircraft completion services. This powerful combination of AMAC Aerospace and UTC Aerospace systems will deliver compelling customer value.”

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Juergen Thomas Steinmetz has continuously worked in the travel and tourism industry since he was a teenager in Germany (1979), beginning as a travel agent up through today as a publisher of eTurboNews (eTN), one of the world’s most influential and most-read travel and tourism publications. He is also Chairman of ICTP. His experiences include working and collaborating with various national tourism offices and non-governmental organizations, as well as private and non-profit organizations, and in planning, implementing, and quality control of a range of travel and tourism-related activities and programs, including tourism policies and legislation. His major strengths include a vast knowledge of travel and tourism from the point of view of a successful private enterprise owner, superb networking skills, strong leadership, excellent communication skills, strong team player, attention to detail, dutiful respect for compliance in all regulated environments, and advisory skills in both political and non-political arenas with respect to tourism programs, policies, and legislation. He has a thorough knowledge of current industry practices and trends and is a computer and Internet junkie.