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FINANCIAL NEWS
Flydubai, GE Aviation sign USD300m deal
23 Jun 2011
(MENAFN) Flydubai’s CEO, Ghaith Al Ghaith, said that in order to be sure that the carrier’s engines would keep performing at their best levels, the company signed a USD300 million deal with GE Aviation for the maintenance, repair and overhaul (MRO) of 109 engines, reported Emirates 24/7.
Al Ghaith added that the contract, which would span over the next 10 years, would include the investment of USD2 million for each CFM56-78 engine that would serve Fludubai’s Boeing 737-800 NG aircraft, adding that some engines would need to be repaired more than once.
On the other hand, GE International Inc. Senior Executive Sales VP, Muhammad Al-Lamadani, said that Flydubai ordered more than 50 Boeing 737 aircraft, serving the needs of the passengers traveling in the GCC, Middle East, North Africa, Asia and Europe.
It is worth noting that currently, Flydubai has 17 aircrafts with many more to be delivered in the coming months and years as part of the carrier’s plan to expand its fleet and destinations.
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