ACTS signs long-term material and repair agreements with GE and CFM



    MONTREAL, Quebec, and EVENDALE, Ohio, Jan. 9 /CNW Telbec/ - ACTS today
announced the signing of a ten-year OnPoint solutions agreement with GE for
material to repair CF34 engines, and a landmark ten-year materials agreement
with CFM International (CFM) for the repair and overhaul of the CFM56-2,
CFM56-3, CFM56-5A, CFM56-5B and CFM56-5C engines. Worth an estimated US$2.5
billion, both agreements cover all life limited and non-life limited parts, as
well as component repair and used materials for the GE and CFM engines that
ACTS repairs.
    "ACTS has been servicing GE and CFM engines for over 20 years. These
agreements give ACTS enhanced access to OEM-produced parts and services at
industry-competitive pricing, and support efforts to produce industry-leading
turnaround times." said Chahram Bolouri, president and CEO of ACTS. "This is
one more way ACTS is improving its total offering to customers."
    "This material agreement will enable ACTS to offer high-quality OEM parts
and repairs to its CF34 MRO customers," said Brad Mottier, vice president and
general manager of Services for GE Aviation. "We are very excited to work with
ACTS and look forward to growing this relationship."
    GE's OnPoint solutions are flexible, long-term commitments designed to
meet customers' unique engine services needs. Backed by GE's world-class
support, these solutions help lower customer cost-of-ownership and maximize
the use of their assets. Available OnPoint services include overhaul, on-wing
support, new and used serviceable parts, component repair, technology
upgrades, engine leasing and diagnostics.
    "We are delighted that an MRO organization of the stature of ACTS has
chosen to bring the benefits of genuine CFM parts to its operations and to its
customers," said Eric Bachelet, president and CEO of CFM. "This is the largest
materials agreement we have signed to date and we look forward to forging a
strong bond and a great working relationship with ACTS over the next decade
and beyond."

    CFM International (CFM) is a 50/50 joint company between Snecma (SAFRAN
Group) and General Electric.

    GE Aviation, an operating unit of General Electric Company (NYSE:   GE), is
a world-leading provider of commercial and military jet engines and components
as well as integrated digital, electric power, and mechanical systems for
aircraft. GE Aviation also has a global service network to support these
offerings. For more information, visit us at www.ge.com/aviation.

    ACTS is one of the industry's leading independent full-service
maintenance, repair and overhaul (MRO) service providers to the airline
industry. Originally formed as the in-house maintenance division of Air
Canada, ACTS has since become a leading provider of MRO services to
third-party customers worldwide. ACTS has developed an industry-wide
reputation for exceptional quality with the broadest portfolios in the
industry encompassing comprehensive airframe, engine and component
maintenance, as well as a wide range of supply chain management services. ACTS
services customers from around the world and operates major maintenance
centers in Canada and El Salvador with a workforce of approximately 4,600
employees. ACTS is headquartered in Montreal. For more information, please go
to www.acts.com.




For further information:

For further information: ACTS: Michael Kuhn, Director, Communications,
(514) 856-6714, michael.kuhn@acts.com; CFM International contact: Jamie
Jewell, General Manager, Strategic Communications, (513) 552-2790, Cell: (513)
885-2282, jamie.jewell@ge.com; Snecma: Vincent Chappard, Press Officer, +33 1
69 87 09 29, Cell: +33 6 62 77 22 76, vincent.chappard@snecma.fr; Antoinette
Menard, Deputy, External Communications, +33 1 69 87 09 28, Cell: +33 6 74 78
10 65, antoinette.menard@snecma.fr; GE Aviation: Rick Kennedy Media Relations
Manager, (513) 243-3372, Cell: (513) 607-0609, rick.kennedy@ge.com; Deb Case,
Media relations Specialist, (513) 243-0094, Cell: (513) 418-1644,
deborah.case@ge.com

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ACTS

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CFM INTERNATIONAL

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