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GE Wins $40 Million Contract From Australia's Kendell Airlines

October 14, 1999

EVENDALE, OHIO - In a transaction worth approximately $40 million, Australia's largest regional carrier, Kendell Airlines, selected GE Engine Services to maintain and service the new GE CF34-3B engines powering its 50-passenger Canadair CRJ Series 100/200 regional jet fleet.

"We are extremely pleased Kendell has chosen GE to power and maintain its recent fleet expansion, and we appreciate their confidence in the CF34's performance and product value," said Jack Lutze, GE Aircraft Engines general sales manager in Australia. "Kendell is a growing airline in an area of expanding regional service, and we look forward to being an integral part of that growth."

GE Engine Services, which anticipates revenues of nearly $5.5 billion in 1999, will perform the service portion of the contract at GE's overhaul and repair Center of Excellence at Strother Field, located near Arkansas City, Kansas. GE's Centers of Excellence network has facilities in: Xiamen, China; Nantgarw, Wales; Singapore; Kuala Lumpur, Malaysia; Ontario, California; Miami, Florida; Dallas/Fort Worth, Texas; Prestwick, Scotland; Petropolis, Brazil; Rio de Janeiro, Brazil; and Cincinnati, Ohio; and also at Garrett Aviation Services' six Total Aircraft Service SM Centers.