Arkia Israeli Airlines signs 12-year TrueChoice Flight Hour agreement with GE Aviation
Farnborough, UK -- Arkia Israeli Airlines signed a 12-year TrueChoiceTM Flight Hour agreement with GE Aviation for the maintenance, repair and overhaul of its CF34-10E engines that power its three Embraer E190 aircraft. This deal is valued at more than $75 million (USD) over the life of the agreement.
"The TrueChoice agreement is part of our fleet growth and change from turboprops to Embraer jets," said Nir Dagan, President and Chief Executive Officer, Arkia Israeli Airlines. "It will support Arkia's massive route structure expansion."
"The TrueChoice Flight Hour agreement with Arkia Israeli Airlines will ensure the airlines' CF34-10E engines are maintained to OEM standards with a detailed workscope and highest quality material for outstanding performance and time on wing," says Jean Lydon-Rodgers, president and chief executive officer of GE Aviation Services.
With the highest thrust rating for the CF34 engine family at 20,000 pounds of thrust, the CF34-10E engines continues to perform well in the field, accumulating more than 26 million flight hours and 19 million cycles. The engine includes many advanced technologies, including a single-stage high-pressure turbine, advanced wide chord fan blades, advanced 3-D aero compressor and turbine airfoils, and a chevron exhaust nozzle. The CF34-10E engine powers the EMBRAER 190/195 aircraft as well as the Embraer Lineage 1000 business jet.
GE Aviation's CF34 engine, the best-selling engine in regional aviation history, has surpassed 7,000 total deliveries. With a dispatch reliability rate of 99.95 percent and more than 150 million flight hours and 120 million cycles, the CF34 engine epitomizes the reliability and durability necessary for high-cycle operation.
The TrueChoice suite of engine maintenance offerings incorporates an array of GE capabilities and customization across an engine's lifecycle. All TrueChoice offerings are underpinned by GE Aviation's data and analytic capabilities and experience to help reduce maintenance burden and service disruptions for customers.
About Arkia Israeli Airlines
Arkia Israeli Airlines is Israel's second-largest airline, operating scheduled and charter flights to both domestic and international destinations in the Mediterranean, Western Europe, Africa and the Far East. Arkia carries more than 1.6 million passengers a year.
About GE Aviation
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components, integrated digital, avionics, electrical power and mechanical systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings and is part of the world's Digital Industrial Company with software-defined machines and solutions that are connected, responsive and predictive. For more information, visit us at www.ge.com/aviation. Follow GE Aviation on Twitter at http://twitter.com/GEAviation and YouTube at http://www.youtube.com/user/GEAviation.
TMTrueChoice is a trademark of General Electric Company.