Yeah... We'll Take All The News We Can Get, Like This!
Ready for some good news? Teledyne Continental Motors, Inc.
tells ANN that it has lowered the Genuine Continental Retail Price
(GCRP) on its complete line of Aftermarket Factory New and Factory
Engine prices, effective May 7, 2009, will be lowered by as much
as $1500 for Factory New and up to $1200 for Factory Rebuilt.
"Continental Motors has worked very hard to improve the cost
structure of our factory," said Rhett Ross, TCM President.
"Today, we pass those savings on to our customers, ensuring that
at TBO, TCM has the best product, at the best quality to deliver
the best value to the aircraft owner," Ross added.
This is the second aggressive pricing action that TCM has taken
since the beginning of 2009. In January, TCM introduced their
Genuine Continental Retail Price (GCRP) initiative that reduced
engine prices by up to 10%. GCRP is a simplified pricing structure
that allows for clear value comparisons between factory engines and
field overhauled engines.