ANA signs GE TrueChoice Material agreement for CF6-80C2 engines
LE BOURGET, France -- ANA (All Nippon AirwaysCo., Ltd.) signed a five-year TrueChoiceTM Material agreement with GE Aviation that offers high-quality serviceable OEM parts and provides advanced repairs and technology upgrades for the CF6-80C2 engines powering its fleet of Boeing 767-300 aircrafts. The agreement is valued at more than $400 million (USD) over the life of the contract.
"I am very pleased to execute TrueChoice Material Agreement with GE Aviation for CF6 engines which have supported our Boing 767 fleet operation over 30 years. Through this memorial event, we ANA strongly believe we can improve its reliability more and more and enhance and strengthen our relationship with GE Aviation in the future," said Tatsuhiko Mitsukura, Executive Vice President of ANA.
"We feel that this agreement -- a new TrueChoice Material agreement on CF6 engines -- is a huge milestone for both GE Aviation and ANA. We hope to strengthen our relationship further with All Nippon Airways through this new agreement," said Jean Lydon-Rodgers, president and chief executive officer of GE Aviation's Services organization.
The TrueChoice suite of engine maintenance offerings incorporates an array of GE capabilities and customization across an engine's lifecycle. The TrueChoice suite includes:
- TrueChoice Flight Hour helps optimize cost of ownership over the engine lifecycle with flexible risk transfer and payment options.
- TrueChoice Overhaul provides time and material overhauls with tailored workscopes specific to shop visit objectives, economic priorities and ownership horizon-for one engine or a fleet.
- TrueChoice Material offers high-quality serviceable OEM parts, advanced repairs and technology upgrades to enhance engine performance and support higher engine residual value.
- TrueChoice Transitions includes a range of options for changing ownership horizons, such as green time leases, exchanges and material buy-back, plus customized workscopes with shorter builds and maximum used material. For lessors, GE offers products specifically designed to accommodate a change in owner or operator.
Each of the TrueChoice offerings is underpinned by GE Aviation's data and analytic capabilities and experience to help reduce maintenance burden and service disruptions for customers.
ANA is the largest airline in Japan by revenues and passenger numbers. Founded in 1952, ANA flies today on 87 international routes and 116 domestic routes. The ANA group has 35,000 employees and a fleet of about 250 aircraft. In FY2016, it carried 52.1 million passengers and generated revenues of 1.77 trillion Japanese yen. ANA has been a member of Star Alliance since 1999, and has joint-ventures with United Airlines on trans-Pacific and Asia routes, and with Lufthansa, Swiss International Airlines and Austrian Airlines on Japan-Europe routes. Its Frequent Flyer Program, ANA Mileage Club, has more than 26 million members. ANA was voted Airline of the Year for 2013 by Air Transport World Magazine, and in 2017 was awarded five stars for the fifth consecutive year by the world's leading Airline and Airport review site, SKYTRAX. ANA is the launch customer and biggest operator of the Boeing 787 Dreamliner.
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components, integrated digital, avionics, electrical power and mechanical systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings and is part of the world's Digital Industrial Company with software-defined machines and solutions that are connected, responsive and predictive.
TMTrueChoice is a trademark of General Electric Company.