July 20, 2022
FARNBOROUGH, ENGLAND – Korean Air has signed a five-year TrueChoice™ Material Service Agreement with GE for spare parts, component repair, and used serviceable part upgrades for GE90-115B engines.
Korean Air, a major global airline serving 120 cities in 43 countries, operates a fleet of 154 of the latest Boeing and Airbus aircraft, including the GE90-powered Boeing 777.
"Our Boeing 777 fleet is maintained by industry-leading engineers and mechanical experts to satisfy the industry’s highest safety standards," Soo Keun Lee, Executive Vice President and Chief Safety & Operating Officer of Korean Air. "This continued cooperation with GE is another step in our commitment to meet these safety standards and enhance competitiveness in the market together."
The TrueChoice suite of engine maintenance offerings incorporate an array of GE capabilities and customization across an engine's lifecycle. TrueChoice Material offers high-quality new and used OEM parts, advanced repairs and technology upgrades to enhance engine performance and support higher engine residual value.
All TrueChoice offerings are underpinned by GE’ s data and analytic capabilities and experience to help reduce maintenance burden and service disruptions for customers.
"We are delighted to continue our longstanding relationship with Korean Air with this service offering," said Russell Stokes, president and chief executive officer of GE Aviation's Services organization. "This agreement gives Korean Air more options to enhance engine performance and reduce cost of operations."
About Korean Air
Serving the world for more than 50 years, Korean Air is one of the world's top 20 airlines, carrying more than 27 million passengers in 2019, pre-COVID. With its global hub at Incheon International Airport (ICN), the airline serves 120 cities in 43 countries on five continents with a modern fleet of 154 aircraft and over 20,000 professional employees.
The airline’s outstanding performance and commitment to the highest level of safety and customer service were further highlighted during the pandemic, granted numerous awards including 2021 Airline of the Year and 2022 Cargo Operator of the Year by Air Transport World, and a 5-star COVID safety rating from Skytrax.
Korean Air is a founding member of the SkyTeam airline alliance, and has grown into one of the largest transpacific airlines through its joint venture with Delta Air Lines.
Dedicated to providing Excellence in Flight, Korean Air’s vision is to be a respected leader in the world airline community.
GE Aviation, an operating unit of GE (NYSE: GE), is becoming GE Aerospace. The business is a world-leading provider of jet engines, components and systems for commercial and military aircraft with a global service network to support these offerings. With an installed base of 39,400 commercial and 26,200 military aircraft engines, the business is playing a vital role in shaping the future of flight.