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DHL Worldwide Express Awards $400 Million Contract to GE Engine Services.


Business Editors

EVENDALE, Ohio--(BUSINESS WIRE)--Dec. 13, 2001

DHL DHL
abbr.
1. Doctor of Hebrew Letters

2. Doctor of Hebrew Literature
 Worldwide Express has awarded GE Engine Services (GEES GEES Geography, Earth and Environmental Sciences (Subject Centre; UK)
GEES General Electric Engine Services
GEES Gigabit Ethernet Extension Service
) a 15-year maintenance and overhaul agreement valued at $400 million (U.S. dollars).

The maintenance and overhaul agreement represents the largest air transport maintenance investment made by DHL since it began operations 30 years ago.

The agreement calls for GEES to repair and overhaul the 68 Rolls-Royce RB211-535C37 engines that power DHL's fleet of 34 Boeing 757-200 special freighter (SF) aircraft. Maintenance and overhaul work will be conducted at GEES' full-service facility in Cardiff, Wales Wales, Welsh Cymru, western peninsula and political division (principality) of Great Britain (1991 pop. 2,798,200), 8,016 sq mi (20,761 sq km), west of England; politically united with England since 1536. The capital is Cardiff. , United Kingdom.

"We are delighted that, after reviewing offers from competitors worldwide, DHL has expressed such confidence in our ability to provide high-quality, cost-effective maintenance," said George Oliver, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of GE Engine Services. "Our Wales facility is among the world's best and represents outstanding quality and an impeccable safety record."

DHL embarked on the B757-200 SF acquisition program in 1999 to ensure improved reliability to their customers. This aircraft's advanced landing capabilities enable landing in weather conditions offering just 75-metre runway visibility. In addition, this aircraft exceeds all international emission standards Emission standards are requirements that set specific limits to the amount of pollutants that can be released into the environment. Many emission standards focus on regulating pollutants released by automobiles (motor cars) and other powered vehicles but they can also regulate  and presents a significant decrease in noise vis-a-vis all other comparable types, thus enabling DHL to meet its commitment to minimizing the environmental impact of its operations.

"GE Engine Services offers a high level of support and performance which is essential to our operation," said Terry Nord, managing director of aviation for DHL. "Our customers rely on us to provide consistent on-time delivery. This contract enables us to offer the most advanced comprehensive air express service across Europe, the Middle East, and Africa."

DHL Worldwide Express is the global market leader of the international air express industry. An established innovator since pioneering the industry in 1969, DHL continues to be at the forefront of technology, offering fast, responsive, and cost-effective, express deliveries in addition to e-commerce fulfillment and intelligent logistics solutions. The DHL network links 120,000 destinations in over 220 countries and employs 69,000 people. DHL is a privately owned company. Major shareholders are Deutsche Post Deutsche Post AG (ISIN: DE0005552004, LSE: DPO) is a German post, logistics and courier headquartered in Bonn, previously the German state-owned mail monopoly. It has 520,000 employees in more than 220 countries and territories worldwide and generated revenue of € 60.  World Net, Lufthansa, and Japan Airlines.

GE Engine Services is a global provider of maintenance and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services  for operators of GE and non-GE engines. In addition to overhaul and repair, GE Engine Services' solutions to the customer's maintenance needs include component repair, on wing support, and spare parts Spare parts, also referred to as Service Parts is a term used to indicate extra parts available and in proximity to the mechanical item, such as a automobile, boat, engine, for which they might be used.

Spare parts are also called “spares.
. GE Engine Services also maintains engine accessories and key aircraft accessories, provides remote diagnostics Vehicle Diagnostics
Vehicle diagnostics enables a mechanic to diagnose the exact mechanical condition of the vehicle and its systems and components. Remote Diagnostics enables to perform such diagnosis without requiring the vehicle to physically be present for checkup.
 monitoring of aircraft in flight, and offers a full range of engine leasing plans. Visit GE Aircraft Engines online at http://www.geae.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 13, 2001
Words:431
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