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Aviall purchases GE Aviation's CF34-3A & -3A2 lease engines and used material

October 20, 2014

ORLANDO, Florida – Aviall, Inc., a wholly owned subsidiary of The Boeing Company, signed an agreement with GE Aviation to become a provider of GE CF34-3A and CF34-3A2 used material and lease engines powering the Bombardier Challenger 601.

The ownership transfer builds on an exclusive distributor agreement launched in 2009, where Aviall is responsible for forecasting, ordering, and delivering all genuine Original Equipment Manufacturer (OEM) replacement parts that are unique to CF34-3 engines. This agreement will leverage Aviall's worldwide part distribution capabilities.

"For close to six years, Aviall has demonstrated its excellence in customer service as the exclusive distributor of unique OEM spare parts for GE's CF34 powered business jets," said Paul Theofan, General Manager of BGA Commercial Support & Services. "Based on the success of this relationship, we are confident our CF34-3A and CF34-3A2 lease customers will receive the same high quality level of access and support for all their maintenance needs."

"We are pleased to grow our relationship with GE and with GE's customer base. We believe the customers who depend on CF34-3A and -3A2 engines will realize added benefits from our ever-expanding relationship with GE," said Aviall President and CEO Ed Dolanski. "By providing used material and lease engines for the CF34-3A and -3A2, we are bringing ourselves closer to the customer and simplifying the supply chain to ensure quality service remains top priority."

Since its service entry in 1983 on the Challenger 601 Corporate Jet, the CF34 has earned an industry-leading reputation as one of the cleanest, quietest and most fuel efficient engines in its class. These rugged, airliner-class powerplants set a new standard in corporate aviation for reliability and low maintenance costs.

Across the CF34 family, GE has delivered more than 6,000 engines and continuously invests in product enhancements. Today, CF34 engines are in service with more than 1,000 business jet operators and more than 200 regional jet operators.

Aviall, which has headquarters in Dallas, is a wholly owned subsidiary of The Boeing Company and is a part of Boeing Commercial Aviation Services, a unit of Boeing Commercial Airplanes. Aviall is a leading solutions provider of aftermarket supply-chain management services for the aerospace and defense industries.

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings.