Quantcast
Free Trial!
Today’s Best Stocks To Trade!  Click Here


 

CFM International Awards Designation to Engines in Continental Airlines Fleet

Fri. July 18, 2008; Posted: 12:35 AM
Stocks RSS
7 Stocks You Need To Know For Tomorrow -- Free Newsletter
PHILADELPHIA, Jul 17, 2008 (ASCRIBE NEWS via COMTEX) -- CAL | Quote | Chart | News | PowerRating -- CFM International has awarded the TRUEngine designation for more than 500 CFM56-3 and CFM56-7B engines in the Continental Airlines fleet, making the airline the first to be granted this status.

According to company officials, TRUEngine is a product of CFM International (CFM), a 50/50 joint company of Snecma (SAFRAN Group) and General Electric Company.

"The TRUEngine program helps us protect our investment in our CFM56 engines," said Ron Baur, Staff Vice President -Fleet Management. "We are in the midst of one of the most challenging times in our industry's history, and operators worldwide are looking for ways to reduce costs. As we work to reduce capacity by divesting our older 737-300 and 737-500 aircraft, we believe the TRUEngine status of our CFM56-3 engines makes the engines more marketable and helps us achieve a higher resale value."

General Electric noted the Continental engines were awarded TRUEngine status following a comprehensive review of the airline's fleet operational data and maintenance records.

These records validated that maintenance of all of the engines is consistent with CFM International's requirements for those engine models, including maintenance practices, spare parts and repairs and that they comply with CFM-issued engine manuals, service bulletins, and other maintenance recommendations, according to GE.

The CFM56 engines of several more fleet owners will soon be evaluated for the TRUEngine designation, which will be available to all CFM56 engines meeting the criteria.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

((Distributed via M2 Communications Ltd - http://www.m2.com))

http://www.10meters.com

Comments on this story may be sent to newsdesk@closeupmedia.com

For full details on Continental Airlines B (CAL) click here. Continental Airlines B (CAL) has Short Term PowerRatings of 3. Details on Continental Airlines B (CAL) Short Term PowerRatings is available at This Link.
Morning Coffee with TradingMarkets -- Free Newsletter

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2008 The Connors Group, Inc.