Emirates has signed a US $16 billion OnPoint solution agreement with GE Aviation for the maintenance, repair and overhaul (MRO) of the GE9X engines that will run the airline’s fleet of 150 Boeing 777X aircraft over a period of 12 years.
Emirates placed the order for 150 Boeing 777X planes at Dubai Airshow 2013, along with an order for 300 units of the GE9X engines. The deals were both the largest of their kind in aviation history. Emirates quoted a total combined order value at the time of US $76 billion.
Delivery of the new 777X planes and the GE9X engines is due to begin in 2020.
“Emirates currently operates GE engines on over 100 Boeing 777s in our fleet,” said HH Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief executive, Emirates Airline and Group.
“Over the years, we have built a successful relationship with the GE team and we co-operate in many areas, including technology and innovation sharing, and also at our state of the art engine maintenance centre in Dubai. We look forward to extending this partnership to our GE9X-powered Boeing 777X fleet.”
OnPoint solutions are customised service agreements tailored to the operational and financial needs of each airline customer. They are designed to help lower customers' cost of ownership and maximise the use of their assets. OnPoint services can include overhaul, on wing support, new and used serviceable parts, component repair, technology upgrades, engine leasing, integrated systems support and diagnostics and integrated systems.
David Joyce, president and CEO of GE Aviation, said: “The relationship between GE and Emirates remains strong, and the finalisation of the GE9X OnPoint agreement further extends our partnership well into the future. The OnPoint solution agreement will allow us to provide comprehensive MRO support along with OEM parts and work scopes to ensure the engines remain in peak operating condition.”