Technoavia Purchases GE’s H80 Engines for New Rysachock Aircraft

Agreement Marks GE Next Generation Turboprops’ First Entry Into Russian Market

EVENDALE, OHIO – February 21, 2011 – Technoavia, a Russian-based aircraft manufacturer, signed a ten-year sales and cooperation agreement with GE Aviation for the purchase of H80 engines. The engine agreement is for the newly designed Rysachok aircraft, a twin-engine, ten-seat general aviation aircraft, which will primarily be used by Russia’s Civil Aviation State Pilot Schools. Technoavia signed firm engine orders for 30 aircraft and has options for another 30 aircraft.

The agreement between Technoavia and GE also includes collaboration on engine certification, engine installation and development of service and support for GE products in Russia.

“GE is excited to enter into this significant partnership with Technoavia, our first H80 engine agreement in the Russian market,” said Paul Theofan, president and managing executive of GE Aviation's Business and General Aviation Turboprops. “Customized for Russian conditions, more than 1,000 GE M601 engines have been operated in the region, and more than 250 are still in service today. We look forward to growing this new partnership with Technoavia.”

Technoavia plans to complete GE H80-powered Rysachok aircraft certification by the end of 2011. The first flight of the Rysachok aicraft took place in December 2010 with GE’s M601 engines. Technoavia’s Rysachok will be a multi-purpose aircraft used as utility, commuter, cargo, taxi, medical transportation and more. The Rysachok aircraft will be built at a production plant in Samara, Russia, with initial manufacturing capacity of up to 12 aircraft per year.

Scientific Commercial Firm (SCF) Technoavia LLC, located in Moscow, Russia, specializes in the design of small aircraft and modernization of existing aircraft. Founded in 1992, Technoavia has designed and introduced more than seven aircraft types into production.

GE Aviation's Business & General Aviation Turboprops has more than 1,600 M601 engines in service that have accumulated more than 17 million flight hours on 30 applications. The H80 engine continues flight testing on the Thrush 510G aircraft. It is undergoing certification testing and will power business and general aviation, utility and agriculture aircraft. The H80 engine combines the elegant, robust design of the M601 engine with GE's 3-D aerodynamic design techniques and advanced materials to create a more powerful, fuel-efficient, durable engine compared with the M601 engine, with no recurrent fuel nozzle inspections and no hot section inspection. The H80 engine features significantly advanced hot-day takeoff performance and high-altitude cruise speeds, which will enable the L410 to operate in additional locations. The H80 engine will also feature an extended service life of 3,600 flight-hours or 6,600 cycles between overhauls. The H80 will provide the option of a single- or dual-acting governor, allowing customers flexibility in propeller selection.

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings.

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