Boeing Inks 777 Component Services Agreement with Ethiopian Airlines

Boeing and Ethiopian Airlines have announced an agreement for the Ethiopian flag carrier to participate in the 777 Component Services Program (CSP). CSP is a parts-provisioning program that reduces the airline’s up-front investment in spare parts and offers a quick and reliable supply of critical parts from a pool shared by participating 777 operators. Ethiopian Airlines is the 13th airline in the 777 Component Services Program, which is offered jointly by Boeing and Air France Industries KLM Engineering & Maintenance (AFI KLM E&M). “The extremely long range of the 777-200LR necessitates a dedicated inventory pool of selected high-value, dispatch-critical components,” said Tewolde Gebremariam, CEO, Ethiopian Airlines. “The CSP offers Ethiopian Airlines significant efficiencies and savings in managing our supply chain by reducing our investment in costly parts inventories.” Under the program, Boeing and Air France KLM E&M commit to providing parts covered in the agreement within 24 hours of a request. The inventory required to support an airplane type can cost millions of dollars.

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