LE BOURGET--GE Aviation signed SkyWest Airlines to a 18-year OnPointSM solution agreement for material to support its 86 CF34-8E engine fleet that powers its EMBRAER 175 aircraft. The agreement is valued at more than $550 million (USD) over the life of the agreement.
“Ensuring our fleet of CF34 engines is well maintained is critical to our success,” said Wade Steel, SkyWest, Inc. chief commercial officer. ”As a leader in the industry, this agreement for GE material will enable us to continue delivering to our customers who depend on the more than 1,700 flights SkyWest Airlines flies each day.”
“SkyWest Airlines depends on the highly reliable and dependable CF34 engines that power its regional jet fleet,” said Kevin McAllister, president and CEO of GE Aviation’s Services organization. “This agreement along with a similar agreement signed in 2012 on the airline’s CF34-8C engine fleet for the Bombardier’s CRJ aircraft will provide the best material support to meet SkyWest’s customer commitments.”
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.
About SkyWest Airlines
SkyWest Airlines, a subsidiary of SkyWest, Inc., was named on Forbes ‘America’s Best Employers 2015’ list. As a leading air service provider offering global access to millions of people each month, SkyWest partners with the world’s largest network carriers including United Airlines, Delta Air Lines, American Airlines, US Airways and Alaska Airlines. With a fleet of 336 aircraft all powered by GE’s CF34 engines,, SkyWest’s more than 10,400 aviation professionals operate nearly 1,800 flights each day to 195 destinations throughout North America. SkyWest is known for its industry-leading workforce, exceptional leadership team, and continued solid operational and economic performance. The airline is headquartered in St. George, Utah. Visit www.skywest.com for more information and follow @SkyWestAirlines on Twitter.
About GE Aviation
GE Aviation is an operating unit of GE (NYSE: GE), and a world-leading provider of jet engines, components, avionics, digital and integrated systems for commercial and military aircraft. GE Aviation has a global service network to support these offerings. GE’s fuel management and RNP services are ecomagination qualified products.
SMOnPoint is a service mark of GE.