Jun 23 2011 |
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Flydubai Signs $300M Maintenance Contract With GE Aviation
Thursday, Jun 23, 2011
(This item was originally published Wednesday.)
DUBAI (Zawya Dow Jones)--Dubai's budget air carrier Flydubai said Wednesday it signed a $300 million contract with GE Aviation, a unit of General Electric Co. ( GE ), for the maintenance, repair and overhaul of 109 engines over the next 10 years.
The agreement, signed at the Paris Air Show, represents an investment of $2 million per CFM56-7B engine that power Flydubai 's fleet of Boeing 737-800 NG aircraft, the airline said in an e-mailed statement.
GE Aviation is a provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft.
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
23-06-11 0354GMT
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