Evendale, OH | October 22, 2018
Enrollment in the TRUEngineTM program continues to expand at a rapid rate, with more than 18,000 engines now included in the program. More than 200 operators and lessors have now enrolled their engines in the TRUEngine program.
"Customers understand the significant TRUEngine designation benefits, such as higher asset residual values, optimized product support and the ease of remarketing their assets," said Jean Lydon-Rodgers, president and CEO of GE Aviation's Services organization. "This recognition continues to drive significant growth in TRUEngine enrollment."
With the TRUEngine designation, engine owners, potential buyers, lessors and appraisers know an engine's content and maintenance history have been verified by GE or CFM, enabling them to more easily evaluate engine configuration, asset value and re-marketability.
Third-party studies show engines maintained in the OEM configuration can have as much as 50% higher residual value versus those engines maintained with Parts Manufacturer Approval (PMA) content and/or Designated Engineering Repairs (DERs). The TRUEngine designation is provided on an individual engine serial number basis and remains in effect until the next shop visit.
The TRUEngine qualification process includes the customer submitting maintenance records and a review by GE or CFM to ensure engine configuration and overhaul practices are consistent with GE- and CFM-issued engine manuals and other recommendations. TRUEngine is voluntary, non-exclusive, there is no cost to participate, and the TRUEngine designation is fully transferable.
Launched in 2008 for the CFM56* engine family, the program has expanded to include GE's GE90, CF6, GEnx and CF34 engines. For more information, visit www.geaviation.com/truengine.
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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. For more information, visit us at http://www.ge.com/aviation. Follow GE Aviation on Twitter at http://twitter.com/GEAviation and YouTube at http://www.youtube.com/user/GEAviation.