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GE Aircraft Engines Forms GE Aviation Materials LP

August 14, 2000

 GE Aircraft Engines has formed a new aviation materials redistribution company, GE Aviation Materials LP, to redistribute aircraft engine parts and materials.GE Aviation Materials LP was formed through the acquisition of substantially all the assets of TPI Aviation, Ltd., a parts redistribution business based in Dallas, Texas. The new enterprise will market used and repaired/restored serviceable aviation materials, primarily engine parts for turboprop and large turbofan engines manufactured by GE, Pratt & Whitney, Rolls-Royce, and International Aero Engines AG (IAE). Customers include the overhaul and repair shops of airlines and independent service providers as well as the 10 overhaul and repair facilities of GE Engine Services. "GE Aviation Materials was formed to deliver the world's highest-value material solutions to airline customers worldwide," said Don Schreiber, president of GE Aviation Materials. "It enhances the GE Engine Services portfolio of customer products, which lower cost of ownership and increase asset utilization."With headquarters in Cincinnati, Ohio, GE Engine Services is the world's largest aviation services provider, with more than 60 facilities serving more than 200 customers around the world. GE Engine Services maintains, overhauls, and repairs aircraft engines manufactured by GE and CFM International, a 50/50 joint company of Snecma of France and GE, as well as engines manufactured by Pratt & Whitney, Rolls-Royce, and IAE.