December 4, 2013
CINCINNATI, OH -- Mesa Air Group signed an 11-year OnPointSM solution agreement for the maintenance, repair and overhaul of its 138 CF34-8 engine fleet. The agreement is valued at $350 million over the life of the agreement.
"As we continue to expand our operations, we are delighted to partner with GE to provide our long-term engine maintenance," said Gary Appling, Senior Vice President of Maintenance and Engineering at Mesa. "As the manufacturer, GE's extensive overhaul capabilities will both ensure superior reliability of our CF34 engines and allow us to continue to be the lowest cost provider of regional capacity.”
“GE is very pleased to work with Mesa, which operates an extensive fleet of CF34-powered Bombardier CRJ700s and CRJ900s,” said Allen Paxson, general manager of GE Aviation’s CF34 product line. “This airline has continued to grow, and we and our partners look forward to providing OEM-quality repairs and material for their CF34 engine fleet.”
Mesa currently operates 71 aircraft with approximately 396 daily system departures to 77 cities, and recently announced an additional 30 CF34-powered ERJ175 aircraft will be flying for United Airlines. Mesa operates as US Airways Express and United Express under contractual agreements with US Airways and United Airlines, respectively.
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, including partners in Japan, Canada and Germany, GE’s OnPoint services for the CF34 engine include overhaul, on wing support, new and used-serviceable parts, component repair, technology upgrades, engine leasing, integrated systems support and diagnostics and integrated systems.
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet, turboprop and turboshaft 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.