Brazilian carrierAzul reached a 15-year engine maintenance, repair and overhaul deal with GE Aviation for the CF34-10E engines poweringthe carrier's Embraer E-190 and E-195 aircraft.
The deal covers Azul's four leased aircraft as well as its firm order for 36 Embraer aircraft.
The airline has seven E-190s and five E-195s in active service, according to Flightglobal's ACAS database. The carrier expects to have 14 aircraft in service this year, and has seven more deliveries scheduled in 2010.
The OnPoint deal is valued at roughly $1 billion during the life of the agreement.
Work will be performed at the GE Celma facility in Petropolis, Brazil, and OnPoint services may include overhaul, on-wing support, new and used serviceable parts, component repair, technology upgrades, engine leasing, integrated systems support and diagnostics and integrated systems.
Source: Air Transport Intelligence news