Jet signs agreement with GE on aircraft engine repair

PTI New Delhi | Updated on July 09, 2012 Published on July 09, 2012

Jet Airways has signed a $150 million agreement with GE Aviation to cover maintenance, repair and overhaul for new engines to be fitted in nine Airbus A-330 aircraft which it would start inducting later this year.

The 10-year ‘OnPointSM solution agreement’ would cover the new CF6-80E engines that would power the nine A-330s, the airline said in a statement on Monday, adding that the agreement was valued at $150 million.

The private carrier already has a similar agreement to maintain, repair and overhaul same engines fitted in ten A 330-200 planes Jet already operates, it said.

“GE’s OnPoint solution agreement is a comprehensive engine maintenance solution that maintains our engines to ensure the superior operational reliability for which Jet Airways is highly regarded,” Jet CEO Mr Nikos Kardassis was quoted as saying.

GE Vice President (South Asia) Mr Nalin Jain said his company was “honoured by the continuing faith reposed in us by Jet Airways in selecting GE as the engine of choice for their Airbus A330 aircraft.”

Jet Airways and its low cost brand, JetKonnect, operate a modern jet fleet of GE90-powered Boeing 777-300ER, CFM56- powered Boeing 737 Next Generation and CF6-powered Airbus A330.

Published on July 09, 2012
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