EVENDALE, Ohio - Egyptian charter carrier AMC Airlines has signed a 10-year, $40 million OnPointSM Solutions service agreement with GE - Aviation's Engine Services operation for the overhaul and maintenance of the airline's fleet of CFM56-7B* engines.
The Cairo-based airline currently operates four CFM56-7B-powered Boeing Next-Generation 737-800 aircraft and will eventually acquire three additional aircraft. AMC, which was formed in 1992, operates charter flights from Europe to Egyptian tourist destinations.
"We're delighted to welcome AMC as our first OnPoint Solutions customer in Egypt," said Muhammad Al-Lamadani, general manager of sales for the Middle East, Eastern Europe and Central Asia for GE. "They will feel the full benefits of total GE - Aviation support."
OnPoint Solutions are flexible long-term commitments designed to meet customers' unique engine service needs. Backed by GE's world-class support, these solutions increase asset value and utilization and improve operating efficiencies. OnPoint services include overhaul, on-wing support, new and used parts, component repair, technology upgrades, engine leasing and diagnostics.
GE's Aviation business is one of the world's leading manufacturers of, and service providers for, jet engines for civil and military aircraft.
SMOnPoint is a service mark of General Electric Company.
*CFM56 engines are produced by CFM international, a 50/50 joint company between GE and Snecma. CFM and CFM56 are trademarks of CFM International.