EVENDALE, OHIO - GE Engine Services, Inc., the world's leading integrated engine maintenance resource, has begun maintaining the CFM56-3 engines of Continental Airlines' Boeing 737-300 fleet under terms of a $1 billion Maintenance Cost Per HourSM (MCPHSM) contract.
GE's highly-successful MCPH program allows airlines to forecast maintenance costs more accurately, with engine maintenance based on a flat rate, per engine flight hour.
GE's MCPH contract with Continental covers the airline's more than 260 CFM56-3 engines. Work will be performed at GE's Strother facility, near Arkansas City, Kansas.
"We are eager to maintain Continental's CFM56-3 fleet under a long-term, MCPH contract," said Bill Vareschi, president and CEO of GE Engine Services. "MCPH demonstrates our enthusiastic commitment to provide Continental with outstanding, low-risk maintenance support."
"The selection of GE is part of Continental's overall strategy of partnerships with OEMs," said K. Jun Tsurta, Senior Vice President of Continental's Purchasing and Material Services Division, "In Continental's experience, it's usually the OEM which can provide the highest quality, most reliable products and services, because the OEM knows the design criteria and operating environment of its products, as well as operational results from all operators."
By the end of 1999, GE Engine Services anticipates record-setting revenues of nearly $5.5 billion, and a $12 billion backlog of MCPH contracts covering more than 3,000 engines worldwide.
With headquarters in Cincinnati, Ohio, GE Engine Services provides comprehensive overhaul and repair of aircraft engines, components, and accessories of GE Aircraft Engines; the engines of 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.
GE's Strother service shop is part of GE Engine Services' global network of overhaul and repair "Centers of Excellence," with affiliates or facilities in: Xiamen, China; Nantgarw, Wales; Singapore; Kuala Lumpur, Malaysia; Ontario, California; Miami, Florida; Dallas/Fort Worth, Texas; Prestwick, Scotland; Petropolis, Brazil; Rio de Janeiro, Brazil; and Cincinnati, Ohio, and also at Garrett Aviation Services' six Total Aircraft Service SM Centers.