LE BOURGET -- Myanmar National Airlines signed an exclusive OnPointSM solution agreement with GE Aviation that covers the maintenance, repair and overhaul of 12 CFM56*-7B engines that will power the airline’s new fleet of Boeing 737 Next-Generation aircraft. The agreement is valued at more than $60 million (USD) over the life of the agreement.
“We look forward to flying the CFM56-7B engines, which are well known for their reliability and time on wing,” said Captain Than Tun, CEO of Myanmar National Airlines. “Myanmar selected GE as the engine’s service provider based on its expertise in workscoping to optimize cost of ownership and the proximity of the GE Malaysia service facility to our headquarters.”
“GE is excited to working with Myanmar National Airlines as the carrier expands its services internationally with the additional of CFM56-7B-powered Boeing 737 Next-Generation Aircraft,” said Kevin McAllister, president of GE Aviation’s Services organization. “GE’s offers outstanding engines services and support to ensure the engines are optimized for the best time on wing and lowest cost of ownership.”
Myanmar National Airlines is the national flag carrier of Myanmar and has the most extensive domestic route network. The airline has been in existence for more than 65 years and is one of the oldest and most experienced airlines in Asia. The carrier launched its new domestic service in 2014 with fixed schedules, state-of-the-art Reservations and Airport Systems, a Premium Economy on its CF34-powered Embraer 190 aircraft and upgraded food and inflight service throughout the fleet. In 2015, Myanmar will resume International service and introduce its new CFM56-powered Boeing 737 aircraft into its fleet.
OnPoint solutions are customized service agreements tailored to the operational and financial needs of each customer for any size fleet. These agreements are designed to help lower the customers' cost of ownership and maximize the use of their assets. Backed by GE's global support network, OnPoint services may include overhaul, on wing support, new and used-serviceable parts, component repair, technology upgrades, engine leasing, integrated systems support and diagnostics and integrated systems.
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings.
SMOnPoint is a service mark of GE.
*CFM56 engines are a product of CFM International, a 50/50 joint venture between GE and Snecma (Safran).