EVENDALE, OHIO -- Virgin Nigeria Airways has signed a five-year, $15 million OnPointSM Solutions services agreement with GE Aviation for the maintenance and overhaul of its 14 CFM56-3C* engines that power its fleet of Boeing 737-300 aircraft.
"We are pleased to begin this partnership with GE Aviation and are confident that their product will meet all of our requirements as we continue to build an airline setting new standards in Nigeria. This agreement offers a competitive package with expectations of excellent reliability, quality and commitment from the GE Aviation team," stated Conrad Clifford, CEO for Virgin Nigeria.
"This service agreement with Virgin Nigeria demonstrates the confidence that the airline has in our OnPoint Solutions service offerings," said Jack Lutze, regional sales general manager at GE Aviation. "We are very excited to work with them to ensure their engines are well maintained to meet the needs of their flying customers."
Nigeria's private sector carrier, Virgin Nigeria Airways is owned 51 percent by Nigerian Institutional shareholders and 49 percent by Virgin Atlantic who is also technical partner to Virgin Nigeria. Formed in 2004, the airline began services in June 2005 from its base in Lagos. Virgin Nigeria serves routes within Nigeria as well as regional routes in West Africa and international routes to London and Johannesburg.
OnPoint Solutions are flexible, long-term commitments designed to meet customers' unique engine services needs. Backed by GE's world-class support, these solutions help lower our customers' cost-of-ownership and maximize the use of their assets. Available OnPoint services include overhaul, on wing support, new and used parts, component repair, technology upgrades, engine leasing and diagnostics.
GE Aviation, an operating unit of General Electric Company (NYSE: GE), is one of the world's leading manufacturers of jet engines for civil and military aircraft. GE also is a world-leading provider of maintenance and support services for jet engines.
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.