Emirates and GE join in $200 million engine maintenance agreement
Emirates Airline has signed a letter of intent with GE Engine Services (GEES) on a long-term maintenance agreement to support the engines that will power the airline's Airbus A340-300 aircraft.
The Dubai-based international airline will begin operating eight leased four-engine A340s in 2004. The letter of intent, with a potential value of more than $200 million over the life of the agreement, covers the initial overhaul of the 32 CFM56-5C engines installed on these aircraft, followed by a nine-year Maintenance Cost Per Hour (MCPHTM) program.
Under the package, GEES will use its maintenance network, engineering resources, and program management expertise to maintain the Emirates fleet of CFM56-5C engines based on a flat rate per engine flight hour. The CFM56-5C maintenance work will be conducted at GE's full-service facility near the Welsh city of Cardiff, in the United Kingdom.
GEES is a division of GE Aircraft Engines, a manufacturer of jet engines for civil and military aircraft. GEES, headquartered in the US and provides comprehensive maintenance support for GE and non-GE jet engines in service throughout the world. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
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