Mar 07 2011 |
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Etihad Airways and the Engine Alliance Finalize GP7200 Engine and Fleet Management Agreements
ABU DHABI, United Arab Emirates, March 7, 2011 /PRNewswire/ -- Etihad Airways and the Engine Alliance have signed agreements for the purchase of the GP7200 engines to power its fleet of 10 Airbus A380 aircraft and for a long-term Fleet Management Agreement for the maintenance, repair and overhaul of the engines. The agreements are worth up to $1.5 billion (USD)."The Engine Alliance is proud to confirm Etihad as our customer and to provide a comprehensive support program to fulfill Etihad 's service needs," said Engine Alliance President Mary Ellen Jones. "Under this program, we will help Etihad keep its GP7200 engines in optimum condition to enable them to operate reliably at the lowest cost possible."
James Hogan, Etihad Airways ' Chief Executive Officer, said: "The GP7200 engines, provided by the Engine Alliance in this agreement, will offer significant fuel efficiencies and cost optimisation for Etihad 's first Airbus A380s when they enter our fleet from 2014.
The GP7200 engine is the leading engine for the Airbus A380 aircraft with 19 GP7200-powered A380s in service and 109 more on order. Emirates and Air France currently operate GP7200-powered A380 aircraft. Other GP7200 customers include Korean Air, which will begin operating the A380 in June, Air Austral and International Lease Finance Corporation (ILFC).
GP7200 Engine Program participants include SNECMA (France), Techspace Aero (Belgium) and MTU Aero Engines (Germany). For more information about the Engine Alliance, visit www.enginealliance.com.
-Ends-
For further information, contact:
Deb Case,
deborah.case@ge.com
US: 513.243.0094
Katy Padgett,
kathleen.padgett@pw.utc.com
US: 860-565-3433
Tom Clarke,
tclarke@etihad.ae
+971 2 511 1036
© Press Release 2011
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