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GE Aviation Signs 100th OnPoint Solution Agreement for CF34 Business Aircraft Engines

January 14, 2008

EVENDALE, OH -- GE Aviation is celebrating the recent signing of its 100th OnPoint solution agreement on its CF34 engines for business aircraft. 



To date, GE Aviation has signed OnPoint solution agreements for the maintenance, repair and overhaul of more than 200 CF34-3 business aircraft engines with owners in the U.S., Europe, the Middle East, Russia and Australia. These 5- to 10-year agreements include a wide range of engine service offerings designed specifically to support this important market segment. The total value over the life of the 100 contracts is more than $180M. 



"GE's OnPoint solution agreements provide business aircraft customers with predictable maintenance costs and assured global maintenance support to help them get their aircraft back in the air as soon as possible," said Bill Hoernschemeyer, Small Commercial Engine Sales Director at GE Aviation. "As an OEM service provider, we also offer business aircraft customers extensive hands-on support and access to the latest technology to enable their engines to continue to operate smoothly for many years to come." 



For more than 25 years, the CF34 engine has set new standards for reliability. CF34 engines power more than 700 Bombardier Challenger and CRJ100/200 business jets and have earned an industry-leading reputation as some of the cleanest, quietest, and most fuel-efficient engines in their class. 



GE's OnPoint solutions are flexible, long-term commitments designed to meet customers' unique engine services needs. Backed by GE's world-class support, these solutions help lower customer cost-of-ownership and maximize the use of their assets. Available OnPoint services include overhaul, on-wing support, new and used serviceable parts, component repair, technology upgrades, engine leasing and diagnostics. 



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.