June 18, 2013

LATAM Airlines Group, Air Canada, and JetBlue Airways select GE’s OnPoint Solution agreement

LATAM Airlines Group and GE Aviation signed a memorandum of understanding for a 10-year OnPoint solution agreement for the maintenance, repair and overhaul of 120 CF6-80C2 engines that power its Boeing 767 aircraft. The OnPoint solution agreement is valued at more than $500m over the life of the contract.

Air Canada has committed to a 15-year OnPoint solution agreement for the maintenance, repair and overhaul of its GEnx-1B engines that power its Boeing 787 aircraft. The value of the OnPoint solution agreement is not disclosed.

JetBlue Airways signed a 10-year OnPoint solution agreement with GE Aviation for the maintenance, repair and overhaul of its CF34-10E engine fleet that powers its 58 EMBRAER E190 aircraft.

Cathay Pacific Airways has committed to a 15-year OnPoint solution agreement for the maintenance, repair and overhaul of 12 GEnx-2B engines, which were announced earlier this year. The OnPoint solution agreement is valued at $380m over the life of the agreement.



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