Volga-Dnepr Group and GE announce global strategic partnership

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP July 12, 2016 10:47

Volga-Dnepr Group and GE announce global strategic partnership

Volga-Dnepr Group and GE Aviation have signed a Memorandum of Understanding (MoU) to develop a strategic partnership that will utilize the two companies’ unique strengths and expertise to develop collaborative solutions to benefit each company and their customers.

The partnership covers the expansion of Volga-Dnepr Group’s TrueChoice Flight Hour agreement with GE for the maintenance, repair and overhaul of 88 additional GEnx-2B engines that power its Boeing 747-8 Freighters. The TrueChoice Flight Hour agreement is valued at close to $1.4 billion over the life of the contract.

In addition, the MoU incorporates a long-term Logistic Support Program in which Volga-Dnepr Group’s Boeing 747-8F and An-124 freighters will provide transportation support for GE Aviation.

‘We perceive GE Aviation not just as a leading vendor of jet and turboprop engines and components. They stand out as a reliable partner of our Group of companies, and our partnership has been strengthened over many years through our successful Antonov 124 charter operations and Boeing 747 scheduled services for GE companies. By signing this Memorandum, we undertake to further develop the global air transportation market by offering our customers state-of-the-art logistics solutions to deliver their goods anywhere in the world,” said Alexey Isaykin, President of Volga-Dnepr Group.

This Memorandum of Understanding also provides for cooperation involving finance, marketing support and HR training programs.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP July 12, 2016 10:47