Ethiopian Airlines and Boeing sign 777 component services agreement
April. 05 2011
Boeing and Ethiopian Airlines today announced during the annual MRO Africa event an agreement for the Ethiopian flag carrier to participate in the 777 Component Services Program (CSP).
CSP is a parts-provisioning programme that significantly reduces the airline's up-front investment in spare parts and offers a quick and reliable supply of critical parts from a pool shared by participating 777 operators.
Ethiopian's agreement for the 777 CSP initially covers three 777-200LRs (longer range) jetliners, all delivered since November 2010. Two additional deliveries are scheduled for this year, one in late April and the second in the third quarter. The airplanes were ordered in 2009.
Tewolde Gebremariam, CEO, Ethiopian Airlines said: "The extremely long range of the 777-200LR necessitates a dedicated inventory pool of selected high-value, dispatch-critical components.The CSP offers Ethiopian Airlines significant efficiencies and savings in managing our supply chain by reducing our investment in costly parts inventories."
CSP allows airlines to outsource the cost and logistics associated with keeping important parts on hand, while significantly reducing inventory. Under the programme, Boeing and Air France KLM E&M commit to providing parts covered in the agreement within 24 hours of a request. The inventory required to support an airplane type can cost millions of dollars.
Dale Wilkinson, vice president of Material Services for Boeing Commercial Aviation Services said: "Ethiopian Airlines has become a key player in the region by providing superior customer service and on-time operations. The reduced costs and the efficient operation of the Component Services Program are especially beneficial to an airline with a relatively new 777 operation."
Rob Pruim vice president of Sales International of AFI KLM E&M said: "We are very pleased that Ethiopian Airlines has joined the Boeing and AFI KLM E&M 777 CSP. Since it's been launched, this programme demonstrated its relevance to 777 customer expectations."
Boeing Commercial Aviation Services supports more than 12,100 Boeing commercial jetliners (passenger and freighter airplanes) with value-driven lifecycle solutions that deliver the fundamentals of aviation support — training, spare parts, diagnostic tools, maintenance documents and information, technical advice and modification programmes.