Transaero Airlines Selects Engine Alliance GP7200 Engines for Airbus A380 Fleet

Transaero Airlines has selected Engine Alliance GP7200 engines to power its four Airbus A380 aircraft. Transaero has also agreed to a 12-year Fleet Management Agreement to cover the maintenance, repair and overhaul of the engines. The engine and Fleet Management Agreement is valued at more than $500 million over the life of the agreement.

Alexander Krinichansky, Executive Director of Transaero, said “We are very pleased to have selected the Engine Alliance GP7200 engine to power our new fleet of A380 aircraft. The GP7200 offers us outstanding value with superior fuel efficiency, reliability and low cost of ownership.”

The delivery of the A380 aircraft starting in 2015 will not only be one of the major milestones in Transaero’s history but also for the entire Russian civil aviation market. Transaero is already the largest operator of wide-body aircraft in Russia, the CIS and Eastern Europe. The acquisition of the A380 was a strategic decision aimed at improving service on high density routes.The planned passenger capacity of the aircraft will be 640-650 seats, including 12 seats in first-class and 24 in business class.

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“We are delighted Transaero selected the GP7200 engines to power its A380 fleet and appreciate the airline’s confidence in our engine. Transaero Airlines will be the first GP7200 engine operator and the first A380 operator in Russia, CIS (Commonwealth of Independent States) and Eastern Europe,” said Dean Athans, president of the Engine Alliance, a 50/50 joint venture of GE Aviation (NYSE:GE) and Pratt & Whitney, a division of United Technologies Corp. (NYSE:UTX). “Transaero is an outstanding and fast-growing airline in Russia, and we look forward to working with them well into the future.”

Source: GE Aviation
Date: Aug 30, 2013