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GE Engine Services Awarded $200 Million Contract From American Airlines

February 27, 1997

EVENDALE, Ohio - GE Engine Services, Inc. has been awarded a seven-year contract, valued at $200 million, to maintain CF6-80C2 engines powering American Airlines' Airbus A300 aircraft.

The contract is an innovative agreement between American and GE Engine Services whereby American will disassemble, reassemble and test the engines, and GE will manage the repair and replacement of internal parts.

"We welcome the opportunity to participate with American in the maintenance of the -80C2 engines in American Airlines' fleet," said Steve Henderson, director of sales for GE Engine Services. "As the world's largest integrated engine maintenance provider, we offer American economic advantages such as experienced GE engineers and the industry's most comprehensive facilities. We look forward to being of service to American 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, Ohio; Ontario, California; Strother Field, near Arkansas City, Kansas; Nantgarw, Wales, United Kingdom; Petropolis, Brazil; and Singapore.