SF Gate: Frontier Airlines hires GE to maintain jet engines for 12 years

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This article was sent to you by someone who found it on SF Gate.
The original article can be found on SFGate.com here:
http://www.sfgate.com/cgi-bin/article.cgi?file=3D/news/archive/2003/01/28/f=
inancial1431EST0194.DTL
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Tuesday, January 28, 2003 (AP)
Frontier Airlines hires GE to maintain jet engines for 12 years



   (01-28) 14:07 PST EVENDALE, Ohio (AP) --
   Frontier Airlines gave General Electric Co. a $230 million contract to
provide jet engine maintenance for the airline for 12 years.
   GE Engine Services, GE's engine maintenance business, said Tuesday that
the deal covers work on the CFM56-5B engines that power Frontier's fleet
of owned and leased Airbus A318 and A319 jets.
   Frontier is the second-largest carrier based at Denver International
Airport. The airline and its regional partner, Frontier JetExpress, offer
service to 39 cities.
   GE will do the engine maintenance work at its Strother Field plant near
Arkansas City, Kan.
   In trading, Frontier shares rose 14 cents to close Tuesday at $4.94 on t=
he
Nasdaq Stock Market while GE shares rose 10 cents to $23.15 on the New
York Stock Exchange.

On the Net:
   GE, www.geae.com
   Frontier, www.frontierairlines.com

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Copyright 2003 AP

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