EVENDALE, OHIO -- FedEx Express has selected the CF6-80C2 engine to power an order for 27 new Boeing 767-300 Freighters. FedEx Express has also signed a multi-year OnPointSMsolution agreement with GE that covers the maintenance, repair and overhaul of the engines.

"FedEx Express is excited to be adding the Boeing 767-300F to its fleet as part of its ongoing fleet renewal program," said David J. Bronczek, president and chief executive officer of FedEx Express. "We look forward to extending our outstanding partnership with GE as their engines power these aircraft in the years to come."

"GE Aviation is proud to partner with FedEx to provide engines and services for the Boeing 767-300 Freighter as part of its fleet renewal efforts," said Kevin McAllister, vice president and general manager of Global Sales at GE Aviation. "FedEx Express currently operates more than 500 CF6-6, CF6-50, CF6-80A and CF6-80C2 engines, and this new order for engines and services demonstrates the customer's trust in GE."

The CF6-80C2 engine is GE's best-selling widebody engine and has accumulated more than 173 million flight hours and 40 million cycles, which is equivalent to 380,000 trips to the moon. The CF6-80C2 engine incorporates the Tech CF6 program, which consists of advanced airfoil cooling technology into the high-pressure turbine (HPT). This is standard on all CF6-80C2 production engines.

OnPoint solutions are customized service agreements tailored to the operational and financial needs of each customer for any size fleet. These agreements are designed to help lower the customers' cost of ownership and maximize the use of their assets. Backed by GE's global support network, OnPoint services may include overhaul, on wing support, new and used-serviceable parts, component repair, technology upgrades, engine leasing, integrated systems support and diagnostics and integrated systems.

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet 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.