FARNBOROUGH AIR SHOW -- Flybe has ordered 35 CF34-8E-powered EMBRAER 175. The engine order for the 35 E175 aircraft is valued at more than $360M (USD) list price. Delivery will begin in 2011.
Flybe has also signed a 10-year OnPointSM solution services agreement for the new CF34-8E engines. The OnPoint solution agreement is valued at more than $100M over the life of the agreement.
"Flybe was the launch customer for the CF34-10E-powered EMBRAER 195 aircraft and operates an extensive fleet," said Kevin McAllister, vice president and general manager of Global Sales at GE Aviation. "The purchase of CF34-8E-powered EMBRAER 175 aircraft is a testament to the reliability and value Flybe sees in the aircraft/engine combination."
GE Aviation's CF34 engine, the best-selling engine in regional aviation history, recently surpassed 5,000 total deliveries.
Every 8 seconds, a GE CF34-powered aircraft takes off somewhere in the world and CF34 engines travel the equivalent of 210 times around the planet each day carrying 500,000 passengers to their destinations. With a dispatch reliability rate of 99.95 percent and more than 50 million flight-hours, the CF34 engine epitomizes the reliability and durability necessary for high-cycle operation.
Since entering service in 2001, the CF34-8 engine has undergone many enhancements to lower part count, further improve durability and lower maintenance costs. More than 1,800 CF34-8 engines are in service on Embraer's 170/175 (CF34-8E5) and Bombardier's CRJ700 (CF34-8C1 & -8C5B1) and CRJ900 (CF34-8C5) aircraft. The engines have accumulated more than 16 million flight-hours and 12 million cycles. The CF34-8C1 has incorporated technology from the CF34-8C5 version to create a common engine for the CRJ700 and CRJ900. To date, over 85 percent of the fleet has received the upgrade with the entire fleet to be completed by 2011. The upgrade provides either up to 5 percent thrust increase or up to 15 percent lower maintenance costs.
GE's 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.
Founded in 1979, Flybe is one of Europe's biggest regional airlines with operations in 38 UK airports and 32 European airports. The carrier operates 73 aircraft to close to 200 routes. Flybe's $2 billion investment program and the phasing out of older aircraft means the airline operates enables the airline to operate one of the youngest and most environmentally sensitive fleets in the world, comprised of CF34-10E-powered Embraer 195 and Bombardier Q400 aircraft.
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 General Electric Company.