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Flydubai signs engine MRO deal worth in excess of $300 million

22 June 2011 12:20 (UTC +04:00)

Baku. Nijat Mustafayev - APA-Economics. flydubai, the worldâ€™s fastest growing start-up airline, has signed a contract with GE Aviation for the maintenance, repair and overhaul (MRO) of 109 engines over the next 10 years.

The OnPoint solution agreement, signed at this weekâ€™s Paris Air Show, represents an investment of $2 million per CFM56-7B engine that power flydubaiâ€™s fleet of Boeing 737-800 NG aircraft. Some engines will have more than one shop visit, putting the total value of the contract at more than $300million.

Note that, flydubai, which marked two years of operations on 1 June 2011, currently has a fleet of 17 aircraft with many more due to be delivered in the months and years ahead.

â€œflydubai has ordered more than 50 Boeing 737 aircraft, serving the needs of the passengers traveling in the GCC, Middle East, Indian Sub-Continent and, North Africa, Asia and the fringes of Europe,â€ said Muhammad Al-Lamadani, Senior Executive Sales, VP GE International Inc.. â€œWith this agreement, GE Aviation will provide flydubai with high quality services and material to ensure its CFM56-7B engines continue to perform well in the field.â€