Le Bourget, France--GE Aviation is pleased to announce Air Transat has signed an eight-year OnPointSM solution agreement for the overhaul of its fleet of CFM56-7B* engines that power its Boeing 737-800 Next Gen aircraft. The OnPoint solution agreement is valued at more than $25M over the life of the agreement.
“Our customers want dependable, reliable service to get them to their vacation destination,” said Jean-Francois Lemay, general manager of Air Transat. “The service agreement with GE will ensure our engines are well maintained and our passengers start and end their holidays in good spirits.”
“GE understands the needs of Air Transat and its customers,” said Kevin McAllister, president and CEO of GE Aviation’s Services organization. “This OnPoint solution agreement will keep Air Transat CFM56-7B engines in top operating condition for the most reliable service.”
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.
Air Transat is Canada's leading holiday travel airline. Every year, it carries some 3 million passengers to nearly 60 destinations in 30 countries aboard its fleet of Boeing narrowbody and Airbus widebody jets. The company employs approximately 2,500 people. Air Transat is a business unit of Transat A.T. Inc., an integrated international tour operator with more than 60 destination countries and that distributes products in over 50 countries. Air Transat was named Best North American Leisure Airline at the Skytrax annual World Airline Awards, held in July 2014. For more information, visit www.airtransact.ca.
GE Aviation is an operating unit of GE (NYSE: GE), and a world-leading provider of jet engines, components, avionics, digital and integrated systems for commercial and military aircraft. GE Aviation has a global service network to support these offerings. GE’s fuel management and RNP services are ecomagination qualified products.
SMOnPoint is a service mark of GE.
*CFM56-7B engines are a product of CFM International, a 50/50 joint venture between GE and Snecma (Safran).