FARNBOROUGH, July 19, 2004 China Eastern Wuhan has signed a five-year extension to its agreement with Shannon Engine Support (SES) for guaranteed spare engine availability.
SES is a wholly owned subsidiary of CFM International (CFM). CFM, a 50/50 joint company between Snecma Moteurs (Safran Group) and General Electric Company, produces the world's best-selling commercial engine product line, the CFM56 family. SES, the third largest spare engine leasing company in the industry and the leading lessor of CFM56 spare engines, grew its customer base by 35 percent in 2003 and now supports nearly 600 aircraft worldwide.
The original agreement was signed in 1996. Under the extension, SES will continue to provide CFM56-3 guaranteed availability for eight spare engines for China Eastern Wuhan's 737-300 fleet.
SES provides flexible, cost-effective engine leasing solutions, tailored to operators' specific requirements. With pools of engines worldwide, the company can provide engines in a ready-to-install configuration within 24 hours. SES also offers short-term engine leases, operating leases, sale/leaseback, and engine trading. Additional services SES can provide, directly or through its service partners, include transport and logistical support; on-wing support services; spare stand and bootstrap kits; test cell validation; management of redelivery work; and access to CFM technical support resources.
The company manages 160 CFM56 engines and has continued to invest in its portfolio. In addition to CFM56-3, CFM56-5A, CFM56-5B, CFM56-5C, and CFM56-7 engines, SES is the only lessor to provide CFM56-2C spare engines for DC-8 Super 70 aircraft, CFM56-3 engines with the Advanced Upgrade package; CFM56-5B engines equipped with the advanced double annular combustor (DAC), and CFM56-7B engines rated for the Boeing Business Jet.
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