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Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and CEO of Emirates airline and Group, signed a $16 billion (Dh58.7 billion) OnPoint solution agreement with GE Aviation for the maintenance, repair and overhaul (MRO) of the GE9X engines, according to a statement released during the Dubai Airshow Image Credit: Courtesy: Emirates

Dubai: Emirates has signed a $16 billion (Dh58.7 billion) OnPoint solution agreement with GE Aviation for the maintenance, repair and overhaul (MRO) of the GE9X engines, according to a statement released during the Dubai Airshow on Monday.

The engines will power the airline’s fleet of 150 Boeing 777X aircraft over a period of 12 years. Emirates said that this is its largest engine MRO contract to date.

“Operating a modern and efficient fleet is at the foundation of Emirates’ success. Aircraft and engine purchases are long-term investments. It is also a commitment that involves many other related services over the life-span of the aircraft, generating and sustaining jobs throughout the aviation supply chain,” said Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and CEO of Emirates airline and Group, in the statement.

At the last Dubai Air Show, held in 2013, Emirates placed a record $76 billion order for 150 Boeing 777X twin-engine aircraft, powered by GE’s new GE9X engine.

The single largest order by value in the history of US commercial aviation included 300 units of GE9X engines, worth $16 billion at list price.

Emirates also signed a 12-year OnPoint solution contract with GE Aviation valued at $36 million, covering the maintenance and inventory support for various avionics, electrical power and mechanical systems on all Emirates Boeing 777 aircraft and the 44 777-300ERs on order.

Under this programme, GE will provide maintenance and support services for Emirates’ Boeing 777 fleet, with a local programme management and stock support in Dubai supported by GE’s repair, overhaul and logistics facilities in the UK, the US and Asia.

OnPoint services include overhaul, on wing support, new and used serviceable parts, component repair, technology upgrades, engine leasing, integrated systems support and diagnostics and integrated systems.

Emirates currently has a fleet of 242 aircraft and flies to more than 140 destinations in 80 countries.