Tue, Jan 05, 2010
Ross: "Pricing Near 2007 Levels"
Perhaps in recognition that the market would have a difficult
time bearing a price increase, Teledyne Continental Motors
announced Monday that 2010 prices for factory new and factory
rebuilt engines will not be going up.
TCM says due to their success in improving many aspects of its
factory operations, and in cooperation with valued employees and
vendors, they have been able to lower cost and improve
delivery. The company believes that these improvements can
best be used to reinvest in technology advancements and in pricing
certainty for our customers.
"In 2009, TCM worked very hard to improve manufacturing
efficiencies. We are committed to delivering this value to
our customers" said Rhett Ross, President of Teledyne Continental
Motors. "TCM is pleased to keep engine pricing near levels
that were last seen in 2007."
This is the third aggressive pricing action that TCM has taken
beginning with the Genuine Continental Retail Program (GCRP)
implemented in January 2009. GCRP's straightforward pricing
structure simplifies price comparisons between factory engines and
field overhauls. TCM continues to add competitive pricing to
the benefits of innovation, quality, history, and support gained by
the aircraft owner from buying a factory-rebuilt or new engine.
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