Irish budget carrier Ryanair has signed a three-year extension to its Boeing 737 engine maintenance agreement with GE Aviation’s services division.
The agreement, centred on GE’s ‘OnPoint Solutions’ product, covers the CFM International CFM56-7B engines on the airline’s fleet and includes all firm and optioned aircraft on order from the airline.
Under the deal GE handles maintenance of engine components, provision of spares, and overhaul of the powerplants.
Ryanair and GE signed the original 10-year service pact four years ago, and the new extension – disclosed at the Farnborough air show – will keep the deal in effect until 2017.
It also expands the scope of the deal to include the engines upgraded with the Tech Insertion modification, which Ryanair introduced last year.
Source: flightglobal.com's sister premium news site Air Transport Intelligence news
Source: Flight International