United Tech Wins Brakes Order from Thai Airways
On Thursday, aerospace-focused industrial conglomerate United Technologies announced that, for the second time in less than a month, a major foreign airline has chosen to equip a fleet of Boeing 777 airliners with wheels and hi-tech carbon braking systems from its UTC Aerospace Systems subsidiary.
Last month, it was Russia's Aeroflot buying the advanced brakes to install upon its new fleet of 777-300ER aircraft. This week, it's Thai Airways, affixing the brakes to the very same kind of plane. In total, 14 of the Thai aircraft will be equipped with UTC's wheels and carbon brakes.
In a statement, UTC Vice President of Commercial Programs for Wheels & Brakes Cory May pointed out that his company has a long-standing relationship with Thai Airways, and already has its products on the Thai fleet of 747-400 and 777CL planes.
The article United Tech Wins Brakes Order from Thai Airways originally appeared on Fool.com.Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.