China Airlines and Pratt & Whitney have signed a multi-year agreement for an exclusive inventory logistics program. P&W will be the exclusive part replacement and repair provider for the airline’s fleet of PW4056 engines.

The agreement is valued between $60 million and $70 million.

Pratt & Whitney also announced that its joint venture with China Eastern Airlines, the Shanghai Engine Center, has delivered its first overhauled CFM56. The center has capacity to overhaul up to 300 engines per year, according to P&W, which makes it one of the largest CFM56 overhaul shops in Asia.

Photo credit: Pratt & Whitney