GE Aviation and Evergreen Aviation Technologies have formed a joint-venture company, GE Evergreen Engine Services, to specialize in the overhaul of the GEnx engine.
A spokesman for GE Aviation told AIN the two parties are investing approximately $130 million over the next five years.
The new venture will be located at the GE Aviation and Evergreen Aviation Technologies facility in Taipei. The facility currently provides airframe and engine work. “There is also ample real estate available, so we’re looking at all the options,” said the spokesman.