CF34 TRUEngine Program Gaining Traction with Regional Jet Customers

SALZBURG, AUSTRIA – October 3, 2013 – Since launching at the 2013 Paris Air Show, GE Aviation’s CF34 TRUEngine* program has quickly grown to cover more than 500 CF34 engines operated by nine airlines and lessors, including Alitalia, Air Europa, Azul, Flybe, GoJet, Jetairfly, Jetscape, LOT and GE Capital Aviation Services (GECAS).

“These operators and lessors have a made a firm commitment to OEM quality engine maintenance,” said Allen Paxson, general manager of the CF34 Engine Program at GE Aviation. “We look forward to growing the CF34 TRUEngine family in the coming years.”

In June, StandardAero signed a license agreement to become the first independent TRUEngine authorized maintenance, repair and overhaul (MRO) provider for CF34 engines. As an authorized TRUEngine MRO provider, CF34 engines overhauled by StandardAero are eligible for TRUEngine status, allowing the engine serial numbers to be included in the TRUEngine database made available to industry appraisers and potential buyers.

The TRUEngine designation is available to all CF34 engines in service if they meet the TRUEngine qualification criteria. The TRUEngine designation provides assurance to owners, operators and engine buyers that engines qualified as TRUEngine have been maintained in the OEM configuration. Independent studies show that engines maintained with OEM parts and repairs maintain 25-50% higher asset values than engines that include non-OEM parts or repairs.

To qualify for TRUEngine status, the engine configuration, overhaul practices, spare parts and repairs used to service an engine must comply with GE-issued engine manuals and other maintenance recommendations. The qualification is obtained through the customer's declaration of compliance and GE's verification of customer submitted maintenance records since birth. For more information, visit the TRUEngine website at www.geaviation.com/services/truengine-program.

Commercial jet engines typically are in service for more than 25 years and change ownership at least once in their operational life. The engine's configuration, material content, maintenance history and supportability impact marketability and overall value as it changes ownership. The TRUEngine designation enhances marketability and provides other valuable benefits at no additional cost, such as extended new part warranty, complimentary access to the CF34 engine lease pool and AOG response guarantee.

GE has delivered more than 5,800 CF34 engines since it entered service in 1992. The CF34 engine is in service with 200 operators in more than 70 countries. The engines have accumulated more than 97 million flight hours and 75 million cycles on Bombardier CRJ and Embraer E-Jet aircraft, and they have set the standard for dispatch reliability of 99.95%.

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet, turboshaft and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings. For more information, visit us at www.ge.com/aviation. Follow GE Aviation on Twitter at http://twitter.com/GEAviation and YouTube at http://www.youtube.com/user/GEAviation. For more information on ecomagination, visit http://www.ecomagination.com

*TRUEngine is a registered trademark of GE.

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