LE BOURGET -- GE Aviation is helping to bring a new regional jet service to the growing market in Myanmar via an innovative engine management solution with FMI Air. Under terms of the deal, GE is enabling the carrier to enter service with newer engines that offer improved economics and reliability.
“We’re excited to help FMI Air expand its fleet,” said Scott Brensike, general manager for mature fleet solutions. “We were able to work closely with FMI to put together an innovative solution that will help the carrier succeed by delivering lower cost of ownership.”
FMI Chief Executive Officer Trevor Jensen said, “We are committed to providing reliable operations from Day 1. Having GE optimize the engine lifecycle costs allows us to focus on a great customer experience underpinned by the reliability of OEM material.”
Start-up airlines are focused on minimizing acquisition costs while establishing reliable operations. GE can provide the most comprehensive set of solutions that reduce overall cost while significantly improving engine reliability and fuel efficiency. With engine and module exchanges, Green time leases and Firm Fixed Price Plus (FFP+) time and materials overhauls in which GE eliminates scrap rate exclusions – there is a full suite of offerings specifically aimed at the dynamic mid-life to mature fleet market space. These solutions also help optimize LLP lives and align build standards with the shop visit schedule. Finally, GE’s used assets have a comprehensive back to birth documentation which could help enhance the residual value of the asset.
The CF34 engine remains one of the most reliable and durable engines for regional aviation with an outstanding 99.95% dispatch reliability. GE has delivered more than 6,000 CF34 engines and has continuously invested in product enhancements since the engine ushered in the regional jet era with its debut on the Bombardier CRJ100 regional jet in 1992. Today, CF34 engines are in service with 150 operators in 68 countries. The engines have accumulated more than 115 million flight hours and 90 million cycles on Bombardier CRJ and Embraer E-Jet aircraft.
About FMI
FMI Air began commercial operations in 2012 and currently operates 19 flights a week between Myanmar’s commercial hub, Yangon, and the capital city Nay Pyi Taw. In addition to scheduled flights, FMI Air also provides bespoke charter services to more than 20 airports within Myanmar.
About GE Aviation
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet, turboshaft 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.