GE Aviation has signed a 15-year OnPoint solution agreement with SkyWest Airlines to support the 150 CF34-8C5B1 engines that power the airline’s Bombardier CRJ700s. The agreement is valued at more than $360 million over the life of the contract.
According to a GE spokeswoman, 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,” she said.
OnPoint services may include overhaul, on-wing support, new and serviceable used parts, component repair, technology upgrades, engine leasing, integrated systems support and diagnostics and integrated systems.