22 June 2011

Low-cost airline inks 10-year deal with GE Aviation

Dubai-based flydubai has signed a contract with GE Aviation for the maintenance, repair and overhaul (MRO) of 109 engines over the next 10 years, the low-cost airline said today in an emailed statement.

The OnPoint solution agreement, signed at this week's Paris Air Show, represents an investment of $2 million per CFM56-7B engine that power flydubai's fleet of Boeing 737-800 NG aircraft. Some engines will have more than one shop visit, putting the total value of the contract at more than $300 million, the airline said.

Ghaith Al Ghaith, CEO of flydubai, said: "flydubai is constantly looking for the best services and partners to ensure our fleet remains in the best condition to safeguard our operational obligations and safety of our passengers and crew. We have one of the newest fleets in the industry and signing this agreement will ensure our engines continue to perform at peak levels."

Flydubai, which marked two years of operations on 1 June 2011, currently has a fleet of 17 aircraft with many more due to be delivered in the months and years ahead.

"Flydubai has ordered more than 50 Boeing 737 aircraft, serving the needs of the passengers traveling in the GCC, Middle East, Indian Sub-Continent and, North Africa, Asia and the fringes of Europe," said Muhammad Al-Lamadani, Senior Executive Sales, VP GE International Inc.. "With this agreement, GE Aviation will provide flydubai with high quality services and material to ensure its CFM56-7B engines continue to perform well in the field."

© Emirates 24|7 2011