EVENDALE, Ohio - Under the terms of a newly awarded 10-year Maintenance Cost Per Hour (MCPH)SM contract, GE Engine Services Inc. will perform maintenance and repair of approximately 125 GE CF6-6 engines that power Federal Express' newly-acquired DC-10 fleet.
GE Engine Services' MCPH program provides engine maintenance based on a flat rate per engine flight hour, thus allowing airlines to budget their maintenance costs more accurately.
"We are pleased to further extend our relationship with Federal Express by providing it with the economic advantages of a GE Engine Services' MCPH program," said Bill Vareschi, president of GE Engine Services. "Under an MCPH contract, we customize an engine maintenance plan specifically for each airline, based on a flat rate per engine flight hour. This allows airlines like Federal Express to more accurately budget maintenance costs. We look forward to providing this value to Federal Express for years to come."
GE Engine Services, a wholly owned subsidiary of General Electric Company, received orders worth more than $2.6 billion in 1996, a 44 percent order increase over 1995. Also, GE Engine Services won multi-year contracts worth more than $4.2 billion in 1996, which was more than three times the value of such contracts signed in 1995.
Headquartered in Cincinnati, Ohio, GE Engine Services provides overhaul, repair and maintenance for engines produced by GE Aircraft Engines and by CFM International, the 50/50 joint company of Snecma of France and General Electric Company of the United States, as well as engines produced by other manufacturers. It has service facilities in: Cincinnati; Ontario, California; Strother Field, near Arkansas City, Kansas; Nantgarw, Wales, United Kingdom; Petropolis, Brazil; and Singapore.