EVENDALE, OHIO – March 19, 2013 – Turkish Airlines (THY) ordered additional GE CF6-80E1 engines to power its new two firm Airbus A330-300 aircraft, with options for an additional three A330 aircraft.. The maintenance, repair and overhaul of these additional CF6-80E1 engines will be covered under THY’s a 12-year OnPointSM solutions agreement, which was announced in November. The total value of the engines and OnPoint solutions agreement for the five CF6-powered A330s is more than $300 million (USD).
This order follows an order in November 2012 for CF6-80E1 engines to power its fleet of 15 A330-300 aircraft.
“This order for additional CF6-80E1 engines from THY is very important to GE Aviation and is a confirmation of the airline’s confidence in the performance and reliability of our engines,” said Muhammad Al-Lamadani, senior executive for European sales at GE Aviation.
With a fleet of 200 aircraft, THY is the major airline in Turkey operating routes to Americas, Europe, the Middle East, Asia and Africa. In 2012, Turkish Airlines was named the 2012 best airline in Europe by Skytrax.
GE's CF6 engines have been among the most utilized and reliable in the industry. Powering more than 10 models of wide-body aircraft, the engine family has established an unparalleled record of reliability and has compiled more than 375 million flight-hours in service with close to 200 customers worldwide.
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, 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.
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. 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.
Turkish Airlines Signs OnPoint Agreement for New GE90 Engines.
Southwest Airlines signed a 20-year OnPointSM solution agreement, valued at more than $1 billion, with GE Aviation for its 78 Boeing 737-800 Next Gen aircraft.
The agreement includes new CF6-80E engines that will power nine additional Airbus A330 aircraft that the carrier will begin inducting later this year; the agreement is valued at $150 million (USD).