easyJet PLC
29 June 2007
Friday, 29th June 2007
easyJet signs exclusive OnPoint engine service agreement with GE Aviation
easyJet, Europe's leading low-fares airline, has signed a 10-year OnPoint
Solutions services agreement with GE Aviation for the maintenance and overhaul
of the CFM56-5B* and CFM56-7B* engines powering the airline's rapidly growing
fleet of 105 Airbus A319 and 30 Boeing 737-700 aircraft, respectively. The
agreement, which could cover as many as 340 shop visits, is valued at around $1
billion.
'This service agreement with easyJet demonstrates the confidence that the
airline has in our OnPoint Solutions service offerings,' said Jack Lutze,
Regional Sales General Manager at GE Aviation. 'We are very excited to work with
easyJet to ensure their engines are well maintained to meet the needs of their
flying customers.'
easyJet continues to experience strong growth in Europe. In the 12 months to 31
May 2007, the airline has carried 35 million passengers and today offers
customers a choice of 298 routes to 75 destinations in in 22 countries. In the
course of the past three-and-a-half years, on average easyJet has taken delivery
of one new Airbus A319 every 12 days.
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 our customers' cost-of-ownership and improve 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.
- Ends -
Notes
GE Aviation, an operating unit of General Electric Company (NYSE: GE), is one of
the world's leading manufacturers of jet engines for civil and military
aircraft. GE also is a world-leading provider of maintenance and support
services for jet engines. Visit us at www.ge.com/aviation.
OnPoint is a service mark of General Electric Company.
*CFM56 engines are produced by CFM international, a 50/50 joint company between
GE and Snecma.
For further details please contact:
easyJet plc
Andrew Barker, Investor Relations +44 (0) 1582 525 982
Toby Nicol, Corporate Communications +44 (0) 1582 525 339
GE Aviation
Rick Kennedy 513.243.3372 rick.l.kennedy@ge.com Mobile: 513.607.0609
Jamie Jewell 513.552.2790 jamie.jewell@ge.com Mobile: 513.885.2282
Deb Case 513.243.0094 deborah.case@ge.com Mobile: 513.418.1644
This information is provided by RNS
The company news service from the London Stock Exchange
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