Williamsport, PA – May 11, 2009 – Until August 31, 2009, Lycoming Engines, a Textron Inc. (NYSE: TXT) company, is now offering zero-time factory-rebuilt Lycoming engines to select pilots and owners at the price of a Lycoming factory overhaul.
Lycoming's factory-rebuilt engines are built to the same limits as a new engine. They come with a zero-time logbook, just as their all-new counterparts. Best of all, they have the same two-year warranty as an all-new engine.
"We recognize that many owners may be nervous about the economy and so they are putting off new purchases in favor of overhauls," says Todd Stoner, Lycoming vice president of marketing and sales. "We are going to repay a select group of them for their commitment to genuine Lycoming parts and service by upgrading their overhaul service to a much more valuable commodity."
The amount of savings depends on the engine type, but on most engine types the savings surpass $3,000 (US) of the manufacturer's suggested retail price. A table comparing new, factory-rebuilt and overhaul prices is available at www.lycoming.com (choose "Engines" from the drop-down menu and then choose "Service Engines.")
This offer requires the return of a Lycoming factory new or rebuilt engine that has never been overhauled, otherwise known in the industry as a "first-run core."
The promotion runs through August 31, 2009. To find out if you qualify or to find a distributor and order a zero-time, factory-rebuilt Lycoming engine, visit www.Lycoming.com, click on “How to Buy” and then choose “Distributors” from the drop-down menu or call 1-800-258-3279.
Lycoming Engines specializes in Engineering, Manufacture, Service and Support of piston aircraft engines. Headquartered in Williamsport, Pennsylvania, Lycoming piston engines power more than half of the world's general aviation fleet - both rotary-wing and fixed-wing. Lycoming Engines is a division of Avco Corporation, a wholly owned subsidiary of Textron Inc. More information is available at www.lycoming.com.
Textron Inc. (NYSE: TXT) is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.textron.com.
This offer requires the return of a Lycoming factory new engine that has never been overhauled or rebuilt, otherwise known in the industry as a first-run core.
Lycoming Engines has extended its offer to give customers a zero-time rebuilt engine for the price of a factory overhaul to Dec. 4, 2009.
The STC covers replacing the original IO-360 Lycoming engine in the Mooney M20E, M20F and M20J with a new or remanufactured IO-390-A3A6 engine.
Mooney owners will be able to able to choose from among nearly 50 Authorized Service Centers to upgrade their engines to the more powerful, more efficient IO-390-A3A6.