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ACTS and GE Sign MOU for CFM Small Fleet Operators in the Americas

July 29, 2008

EVENDALE, Ohio -- ACTS and GE signed a Memorandum of Understanding (MOU) today announcing that the ACTS Engine Maintenance Centre (EMC) is a GE fulfillment center for CFM* Small Fleet Operators located in the Americas. 



ACTS will serve as the fulfillment center for engine repair, overhauls, and on wing and diagnostic services for select operators of the CFM56-2/-3/-5A and –5C located in the Americas. The agreement is estimated to contribute more than 100 new events at the ACTS EMC over the next five years, helping ACTS grow its clientele base and strengthen its Montreal operations. 



Danny di Perna, Senior Vice President, Operations at ACTS commented on the significance of this new agreement. "We are proud to continue our tradition of building partnerships with such world-class providers. Being recognized as the strategic arm for GE for CFM small fleet operators in the Americas reaffirms that ACTS is a best in class provider of engine services." 



"GE is excited to work with ACTS on the small fleet strategy," said Jacques Chausse, general manager of Services Marketing at GE Aviation. "ACTS is committed to bringing superior service levels expected by GE customers. Additionally, ACTS can provide the airline expertise to aid in fleet operations." 



Jim Andrews, Director Business Development, Engines, for ACTS indicated this agreement is the next logical step in our alliance with GE. "Our Montreal team continuously demonstrates its ability to deliver superior engine services, and we will bring these skills and commitment to quality to all our new clients." 



GE Aviation, an operating unit of General Electric Company (NYSE: GE), is a world-leading provider of commercial and military jet engines and components as well as integrated digital, electric power, and mechanical systems for aircraft. GE Aviation also has a global service network to support these offerings. 



*CFM is a registered trademark of CFM International, a 50/50 joint company between Snecma and GE.