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Air Europa Receives TRUEngine* Designation for CF34 Engines

September 24, 2013

LONDON -- Air Europa has been awarded TRUEngine designation for its 23 CF34-10E engines powering its fleet of EMBRAER 195 aircraft. Previously, Air Europa received the TRUEngine designation for 29 of its CFM56-7B engines and 13 CF6-80E engines.

"Air Europa has made a firm commitment to OEM quality engine maintenance," said Allen Paxson, general manager of the CF34 Engine Program at GE Aviation. "We are very pleased to welcome Air Europa to the growing family of TRUEngine-designated CF34 operators."

The CF34 TRUEngine program was launched in July this year and has quickly grown to cover more than 500 CF34 engines operated by eight airlines and lessors. The TRUEngine designation is available to all CF34 engines in service if they meet the TRUEngine qualification criteria.

The TRUEngine designation provides assurance to owners, operators and engine buyers that engines qualified as TRUEngine have been maintained in the OEM configuration. Independent studies show that engines maintained with OEM parts and repairs maintain 25-50% higher asset values than engines that include non-OEM parts or repairs.

To qualify for TRUEngine status, the engine configuration, overhaul practices, spare parts and repairs used to service an engine must comply with GE-issued engine manuals and other maintenance recommendations. The qualification is obtained through the customer's declaration of compliance and GE's verification of customer submitted maintenance records since birth. The TRUEngine designation is available to all CF34 engines in service if they meet the TRUEngine qualification criteria.

Commercial jet engines typically are in service for more than 25 years and change ownership at least once in their operational life. The engine's configuration, material content, maintenance history and supportability impact marketability and overall value as it changes ownership. The TRUEngine designation enhances marketability and provides other valuable benefits at no additional cost, such as extended new part warranty, complimentary days access to the CF34 engine lease pool and AOG response guarantee.

Based in Mallorca, Spain, Air Europa Lineas Aereas, operates a fleet of 43 aircraft to destinations across Europe, North Africa and the Americas. Air Europa is the air transport arm of Globalia, a global tourism company, and offers both scheduled and non-scheduled service.

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet, turboshaft 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.

*TRUEngine is a registered trademark of GE.

*CFM International is a 50/50 joint venture between GE and Snecma of France. CFM56 is a registered trademark of CFM.