PARIS AIR SHOW --June 19, 2019-GE Aviation and Lufthansa Technik AG
enlarge their collaboration on Boeing 777X MRO services. The
companies have signed a maintenance, repair and overhaul (MRO)
agreement under which Lufthansa Technik will be GE's authorized
service provider for the backup generator/converter (BUG and BUC) and
for certain Electrical Load Management Systems (ELMS) components on
the new Boeing 777X aircraft. This long-term cooperation will cover
the maintenance service offerings, warranty support and 24/7 asset
exchange/loan services to worldwide 777X operators.

"We are pleased to enter into a long-term cooperation with Lufthansa
Technik, a global world-class MRO and asset services provider.
Lufthansa Technik is strategically positioned to support the 777X
customers and our GE Power components with high-tech quality repairs
and overhaul services. Lufthansa Technik also brings a breadth of
engineering expertise and extensive experience in maintaining civil
electrical generators along with their global logistics network to
provide seamless support to our mutual customers," said Joe
Krisciunas, General Manager, GE Aviation's Electrical Power Systems.

Dr. Georg Fanta, Lufthansa Technik Vice President Aircraft Component
Services stated, "This long-term agreement enhances Lufthansa
Technik's position as a key MRO provider on 777X components. I am
very pleased that we could further extend the long-standing
relationship between GE and Lufthansa Technik. Together, we will
generate additional customer value by combining GE's vast experience
in design and product engineering with Lufthansa Technik's
comprehensive strengths in repair development, MRO, and the
management and handling of valuable assets."

Lufthansa is currently one of the launch customers for the new Boeing
777X aircraft with 20 total aircraft ordered. Boeing offers the 777X
in several passenger aircraft configurations all powered by the GE9X

Under the agreement, Lufthansa Technik will provide various 777X
power component MRO services, including OEM approved repairs,
warranty corrections and component modifications on behalf of GE.
Lufthansa Technik will also provide and maintain a global pool of
spares to support AOG services and offer customers exchanges or loans
while their GE power components are being repaired. These
serviceable spare components will be available to worldwide customers
on a 24/7 support basis and be deployed in several stocking locations
worldwide within Lufthansa Technik's vast global component supply

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading
provider of jet, turboprop and turboshaft engines, components and
integrated systems for commercial, military, business and general
aviation aircraft. GE Aviation has a global service network to
support these offerings.