EVA Signs 12-Year OnPoint Solution Agreement for GE90 Engines

July 09, 2012

FARNBOROUGH AIR SHOW -- EVA Airways has also signed a 12-year OnPointSM solution services agreement for the maintenance, repair and overhaul of its GE90-115B engines that will power its new seven Boeing 777-300ER aircraft ordered in May. The contract is valued at about $300 million (USD) over its life of agreement.

"EVA has made a strong commitment to the GE90 engine technology, which will power its entire wide-body fleet," said Kevin McAllister, vice president and general manager of Global Sales at GE Aviation. "GE will work with EVA to ensure the airline will continue to experience the outstanding performance the GE90-115B engine offers along with exemplary service and support that GE as the OEM can provide."

EVA Airways began operating in 1991 and has become one of the fastest growing airlines in Asia. With an extensive fleet of 58 aircraft, EVA operates passenger and cargo routes to 62 cities around the world. In May, EVA ordered seven GE90-115B-powered Boeing 777-300ER aircraft, with four aircraft leased from GECAS and three purchased from Boeing. This order brings EVA's GE90-powered Boeing 777 fleet to 22 aircraft.

OnPoint solutions are flexible, long-term commitments designed to meet customers' unique engine service 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 serviceable parts, component repair, technology upgrades, engine leasing and diagnostics.

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.