Royal Jordanian signs OnPoint solution services agreement with GE

Created in 1963 by a Royal Decree issued by His Majesty the late King Hussein, Royal Jordanian has grown to cover a network of 54 destinations on four continents. Royal Jordanian operates an extensive fleet, including CF6-powered Airbus A310 aircraft, CF34-10E-powered EMB195, CFM56*-powered A340 aircraft and CFM56*-powered A320 aircraft. This year, Royal Jordanian joined OneworldTM airline alliance, offering its international traveling customers more connectivity and flight options.

Royal Jordanian is currently in its final stages of the Privatization, and the IPO process is expected to be concluded in December 2007. According to the Government of Jordan plan, the sole owner, the government, will sell up to 74 per cent of the shares of which 51 per cent must be in the hands of Jordanians.

The Company has received numerous awards in recognition of its operating performance, commercial success and commitment to customer comfort and satisfaction, including the 2007 Air Transport World's Phoenix Award and the Merit Award for the Airline Turnaround of the Year 2006 from the Centre for Asia Pacific Aviation. In 2007, Airline Business magazine commended the Company for the integration of its technology systems, and the Company also received the King Abdullah Award in Jordan for the best provider to the Jordanian service industry.

OnPoint solutions are flexible, long-term commitments designed to meet customers' unique engine services needs. Backed by GE's world-class support, these solutions help lower our customers' cost-of-ownership and maximize the use of their assets. Available OnPoint services include overhaul, on wing support, new and used serviceable parts, component repair, technology upgrades, engine leasing and diagnostics.

GE Aviation, an operating unit of General Electric Company (NYSE: GE), is a world-leading provider of commercial and military jet engines and components as well as integrated digital, electric power, and mechanical systems for aircraft. GE Aviation also has a global service network to support these offerings.