Pratt & Whitney Canada said on December 6 it was working with American Express (Amex) to "provide qualifying customers with a new solution that will allow them to extend payment terms, when buying a new or used P&WC engine".
“This new payment solution is part of our growing portfolio of services that offer our customers greater flexibility when it comes to acquiring an engine and it reflects our commitment to developing services that meet their evolving needs,” said Irene Makris, vice president, customer service at Pratt & Whitney Canada.
"At American Express, we’re committed to providing payment solutions to help businesses gain greater flexibility and improve working capital to unlock new opportunities for growth,” said Phanikar Yenamandra, vice president, B2B [business-to-business] strategy and enablement, global commercial services, American Express Canada.