Pratt & Whitney and Malaysia Airlines signed a memorandum of understanding to form an engine nacelle repair facility in Kuala Lumpur via a joint venture. Ownership of the joint venture will be split 50:50 between P&W and Malaysia Airlines. The venture is expected to service nacelles for Malaysia Airlines’ fleet in addition to conducting third-party work in the Asia-Pacific region and Middle East. The new unit will become part of Pratt & Whitney’s Global Service Partners (GSP) network and offer service and repair of engine nacelle components. The venture will complement GSP's existing nacelle repair operations in Michigan and have capabilities to service nacelles for P&W, partner, and competitor engines.