Ethiopian Airlines signed a 10-year “OnPoint” maintenance agreement with GE Aviation for its GE90 engines. Under the agreement, GE (Pavilion A9) will maintain GE90 engines on 16 Ethiopian Boeing 777s. OnPoint agreements are customized service agreements tailored to the operational and financial needs of airline customers, GE said. The agreements are designed to help lower customers’ cost of ownership and maximize their use of assets.
GE Aviation is aiming to expand its Business and General Aviation business to $1 billion in revenues by 2020 from the current $300 million level. This is already significantly up from the $150 million it turned over in 2008. Brad Mottier, vice president and general manager of the unit, said $1 billion has been the goal he has headed for since 2008. The challenge, he believes, is to right-size products from the larger GE Aviation into engine technology for business aircraft “that the market can afford.”
Dynamic Precision Group has signed an agreement to acquire eight aerospace component fabrication and machining facilities located at three sites in the U.S., Canada and the UK. The Stuart, Fla.-based company is an independent manufacturer of complex components, specializing in the hot section of turbine engines used in commercial and military aircraft and in industrial applications. All three facilities design, manufacture and integrate components and systems for aircraft engines and airframes from Unison Engine Components, a subsidiary of GE Aviation.
In its continued partnership with GE, StandardAero signed two license agreements to become an independent TruEngine authorized maintenance, repair and overhaul (MRO) provider for CF34 and CFM56 engines. According to StandardAero, it will be the first independent TruEngine-authorized MRO provider for CF34s and the second for CFM56s. Under this new status, CFM56 or CF34 engines overhauled by Standard Aero are eligible for TruEngine status, allowing the engine serial numbers to be included in a database made available to industry appraisers and potential buyers.
GE Aviation has acquired Morris Technologies and sister company Rapid Quality Manufacturing, of Cincinnati, Ohio, as part of a planned expansion of engineering and manufacturing capability. The terms of the deal were not disclosed. The two privately held companies specialize in additive manufacturing, an automated process for creating rapid prototypes and end-use production components.
GE Aviation is currently gathering hardware for the assembly of the first Passport engine for the Bombardier Global 7000 and 8000 program. Assembly of the first full engine will begin by year end, according to Brad Mottier, vice president and general manager of GE Aviation’s Business and General Aviation organization.