Singapore Airlines Signs OnPoint Solutions Agreement with GE

(EVENDALE, Ohio - August 23, 2005) -- Singapore Airlines (SIA) signed a 10-year OnPointSM Solutions service agreement with General Electric Company for the maintenance, overhaul and repair of GE90-115B engines that will power 19 Boeing 777-300ERs, which enter service in 2006. The agreement is the first GE90 OnPoint Solutions service agreement. "We are very excited that a world-class carrier like SIA has selected GE as its maintenance provider," says Dan Heintzelman, president of Engine Services at GE Transportation. "SIA is known in the industry for its outstanding customer service, and we will help ensure its customers remain satisfied with flights aboard GE90-powered aircraft." Bey Soo Khiang, Senior Executive Vice President (Operations and Services) at SIA described the agreement as the beginning of a new partnership with GE. "GE has returned as a major supplier to SIA and we are pleased that they are able to provide comprehensive maintenance support for the engine. The agreement helps to align both SIA's and GE's interests in optimizing engine maintenance cost while maintaining our high standards of safety and reliability. By entering into such arrangements, our maintenance costs become more predictable and correspond directly with our operating pattern."One of the premium airlines in the world, Singapore Airlines currently operates 90 wide-bodied aircraft comprising of 27 Boeing 747s, 58 Boeing 777s, and 5 Airbus A340-500s. The Boeing 777-300ER aircraft will be deployed on SIA's long-haul and medium-haul routes. The airline also has firm orders for 10 Airbus A380s. OnPointSM Solutions are flexible long-term commitments designed to meet customers' unique engine service needs. Backed by GE's world-class support, these solutions maximize asset value and utilization and improve operating efficiencies. OnPoint services include overhaul, on-wing support, new and used parts, component repair, technology upgrades, engine leasing and diagnostics. GE Transportation, a division of the General Electric Company (NYSE: GE), is one of the world's leading manufacturers of jet engines for civil and military aircraft. GE also is a global provider of maintenance and support services for operators of GE and non-GE jet engines. SM OnPoint is a service mark of General Electric Company. Contact: Rick Kennedy U.S. 513.243.3372 Deb Case U.S. 513.243.0094

Source: GE
Date: Aug 23, 2005

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