GE Chairman & CEO John Flannery has reaffirmed the company's continued commitment to Malaysia with a major US$80 million investment in GE Engine Services Malaysia (GEESM). Alongside this renewed commitment to the GEESM facility, GE also announced the establishment of the Global IT Service Desk, located at its headquarters in Kuala Lumpur.
GEESM, an aircraft engine services workshop, will enter into a long-term tenancy agreement with Impeccable Vintage Properties (IVP), a wholly-owned subsidiary of Malaysia Aviation Group Berhad, subject to terms to be mutually agreed in relation to GEESM's Subang facility. This long-term tenancy agreement is part of GEESM's plans to invest in tooling, testing and skills capabilities to support the maintenance, repair and overhaul (MRO) of CFM International's cutting-edge LEAP engine.
The LEAP engine, produced by a 50/50 joint venture between GE and Safran Aircraft Engines, represents a leap ahead in terms of aviation technology and material, and powers aircraft such as the Boeing 737 MAX, Airbus A320neo and Comac C919 single-aisle jets. The MRO work on LEAP will introduce the next chapter of engineering excellence for GEESM's Subang workshop, making it the first such facility outside the United States for GE.
