General Electric is to finalise a regional CF6 engine-overhaul joint venture agreement with EVA Airways on 9 September. The US engine manufacturer will invest $20 million and an equivalent amount of technology in return for a 20% shareholding in Evergreen Aviation Technologies, with EVA and parent group Evergreen holding the remainder. The new Taipei facility is equipped with a 120,000lb (534kN)-thrust engine test cell and will have a full B3-level module break down and overhaul capability.
Source: Flight International
