Ethiopian Airlines has announced an agreement for Ethiopian Airlines to participate in the 777 Component Services Program (CSP), which significantly reduces the airline’s up-front investment in spare parts from a pool shared by participating 777 operators.
Ethiopian Airlines is the 13th airline in the 777 Component Services Program, which is offered jointly by Boeing and Air France Industries KLM Engineering & Maintenance (AFI KLM E&M).
Ethiopian’s agreement for the 777 CSP initially covers the three 777-200LRs delivered since November 2010. Two more aircraft, which were ordered in 2009, are due for delivery for late April and the second in the third quarter.
“The extremely long range of the 777-200LR necessitates a dedicated inventory pool of selected high-value, dispatch-critical components,” said Tewolde Gebremariam, CEO, Ethiopian Airlines. “The CSP offers Ethiopian Airlines significant efficiencies and savings in managing our supply chain by reducing our investment in costly parts inventories.”
Under the CSP, Boeing and Air France KLM E&M commit to providing parts covered in the agreement within 24 hours of a request.
“Ethiopian Airlines has become a key player in the region by providing superior customer service and on-time operations,” said Dale Wilkinson, vice president of material services for Boeing Commercial Aviation Services. “The reduced costs and the efficient operation of the Component Services Program are especially beneficial to an airline with a relatively new 777 operation.”
“We are very pleased that Ethiopian Airlines has joined the Boeing and AFI KLM E&M 777 CSP. Since it’s been launched, this program demonstrated its relevance to 777 customer expectations,” said Rob Pruim vice president of Sales International of AFI KLM E&M.