EVENDALE, OHIO -- Alaska Airlines has entered into a 10-year Maintenance Cost Per Hour (MCPHSM) agreement with GE Engine Services for the maintenance of its 85 CFM56-3 engines that power its 40 Boeing 737-400 aircraft. As part of the agreement, GE Engine Services will incorporate the Enhanced Performance upgrade kit. The value of the maintenance agreement is in excess of $300 million dollars.
"Alaska Airlines is pleased to partner with a respected supplier like GE Engine Services which is working closely with us to improve engine reliability and reduce our overall engine maintenance costs," said Fred Mohr, Vice President of Maintenance & Engineering of Alaska Airlines.
"We are excited that Alaska Airlines has selected us as its service provider for the CFM56-3 engines," says Dan Heintzelman, president and CEO of GE Engine Services. "Under this agreement, the airline will benefit from our quality service offerings as well as the infusion of new technology into their fleet to improve engine performance."
Alaska has grown from a small regional airline to one of the most respected in the nation. Carrying more than 12 million customers per year, Alaska's route system spans more than 40 cities and three countries. The Alaska Airlines fleet of 108 Boeing jets is one of the youngest among all major airlines.
CFM56 engines are a product of CFM International, a 50/50 joint company between Snecma Moteurs and General Electric Company.
GE Transportation - Aircraft Engines, a part of General Electric Company (NYSE: GE), is one of the world's leading manufacturers of jet engines for civil and military aircraft.