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TRUEngine Program Hits 15,000 Engines

Mar 15,2017

The TRUEngineTMprogram reached 15,000 engine enrollments, a 25% increase in the last year.More than 200 operators and lessors have enrolled their engines in theTRUEngine program.

"Customers understand thesignificant TRUEngine designation benefits, such as higher asset residualvalues, optimized product support and the ease of remarketing theirassets," said Jean Lydon-Rodgers, president and CEO of GE Aviation'sServices organization. "This recognition is resulting in increasedenrollment."

The TRUEngine qualificationprocess includes the customer submitting maintenance records and a review by GEor CFM to ensure engine configuration and overhaul practices are consistentwith GE- and CFM-issued engine manuals and other recommendations. There is nocost to participate, and the TRUEngine designation is fully transferable.

With the TRUEnginedesignation, engine owners, potential buyers, lessors and appraisers know anengine's content and maintenance history have been verified by GE or CFM,enabling them to more easily evaluate engine configuration, asset value andre-marketability. Third-party studies show engines maintained in the OEMconfiguration can have as much as 50% higher residual value versus thoseengines maintained with Parts Manufacturer Approval (PMA) content and/orDesignated Engineering Repairs (DERs). The TRUEngine designation is provided onan individual engine serial number basis and remains in effect until the nextshop visit.

Launched in 2008 for theCFM56* engine family, the program has expanded to include GE's GE90, CF6, GEnxand CF34 engines.

According to the forecast, in the next 10 years, the global turbofan/turbojet engine accumulative total demand will exceed 73600 units, worth over USD 416 billion; total demand for turboshaft exceed 34,000 units, worth over USD 19 billion; turboprop engine total demand exceeds 1.6 million units, worth over USD 15 billion; piston engine cumulative total demand over 33,000 units, accounting for more than 60% of the general aviation power market, worth USD 30 billion. Under this background, Chinese Society of Aeronautics and Astronautics will hold China Aerospace Propulsion Technology Summit 2017 to promote the development of aerospace propulsion technology, providing strong technical support for aero engine industry. On behalf of the organizing committee, we sincerely invite you to this years CAPTS which will be held in Shenyang, on May 24th - 25th, 2017, to discuss aero engine new R&D and manufacturing trends. Hope the CAPTS series activities can bring you the maximum value.

To figure out more, please do not hesitate to contact Kara Wang, Marketing@galleon.cc

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