Atlas signs GE TrueChoice Transitions agreement for CF6-80C2 engines
LE BOURGET, France -- Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc., signed a three-year TrueChoiceTM Transitions agreement with GE Aviation for the time and material to repair and overhaul 41 CF6-80C2 engines that power its fleet of Boeing 767-300F aircraft.
"The TrueChoice Transitions agreement ensures OEM material and overhaul workscopes are used to maintain Atlas' CF6-80C2 engines while meeting the carrier's ownership horizon," said Jean Lydon-Rodgers, president and chief executive officer of GE Aviation's Services organization. "GE Aviation is proud to provide this customized service and support to Atlas to help keep their freighters in top performing condition."
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 new and used 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.
Atlas Air Worldwide (Nasdaq: AAWW) is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc., Southern Air Holdings, Inc. and Titan Aviation Holdings, Inc., and is the majority shareholder of Polar Air Cargo Worldwide, Inc. Atlas Air Worldwide's companies operate the world's largest fleet of 747 freighter aircraft and provide customers a broad array of Boeing 747, 777, 767, 757 and 737 aircraft for domestic, regional and international applications. For more information, visit www.atlasair.com.
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.