The UK Department for International Trade has helped GE Aviation win a multi-million dollar contract by guaranteeing a loan through the government’s export credit agency, UK Export Finance (UKEF). Worth $18.7 million, the contract sees GE upgrade engines for cargo and charter airline Atlas Air. With the work carried out in GE’s Prestwick workshop in Scotland they will supply and install energy efficient Performance Improvement Program (PIP) kits to three engines in the Atlas Air fleet. This initial contract has led to a second multi-million dollar agreement for UKEF to finance upgrades of three more engines in coming months. The
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