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Asiana Airlines Extends Service Agreement With GE On Wing Support Korea

March 01, 2002

SINGAPORE - Asiana Airlines, Inc. has agreed to extend its service agreement with GE On Wing Support Korea, a subsidiary of GE Engine Services. The contract extension covers calendar years 2002 through 2005 with a potential value of over $6 million. 



Under the original agreement, signed in February 2000, GE On Wing Support Korea was created to perform engine module and Auxiliary Power Unit (APU) maintenance for Asiana's GE CF6-80C2 and CFM56-3 engines. Major workscopes that will be performed include compressor top and bottom case repair, module replacement, QEC build and SB/AD modifications and upgrades. 



"We are extremely pleased to extend our successful relationship with Asiana," said George Oliver, president and chief executive officer, GE Engine Services. "Since opening the facility two years ago, GE has made significant capital investments to enhance Asiana’s maintenance facility, and further improve Asiana’s already excellent reliability." 



Based at Asiana's facility at Kimpo Airport facility in Seoul, South Korea, GE On Wing Support Korea provides quick and efficient on wing engine maintenance and repair by dispatching rapid response teams to airline customers at any location in the world, 24 hours a day, 365 days a year. 



Approved as a Tax-Free Engine Service Shop in South Korea, GE On Wing Support Korea is scheduled to receive FAA repair station certification in the first quarter of this year. 



GE On Wing Support Centers are located at: Heathrow Airport near London, England; Xiamen, China; Seoul, South Korea; Kuala Lumpur, Malaysia; Cincinnati, Ohio; and Dallas, Texas. Through its worldwide service locations GE On Wing Support provides unparalleled flightline maintenance support to its customers anywhere, anytime. 



GE Aircraft Engines, a division of General Electric Company (NYSE: GE), is the world’s leading manufacturer of jet engines for civil and military aircraft, including engines produced by CFM International, a 50/50 joint company of Snecma of France and GE. GEAE also manufactures gas turbines, derived from its highly successful jet engine programs, for marine and industrial applications. In addition, GEAE provides comprehensive maintenance support, through its GE Engine Services operation, for GE and non-GE jet engines in service throughout the world. Visit GEAE online at http://www.geae.com.