Sunwing Airlines signed an eight-year TrueChoice Overhaul agreement with GE Aviation for the maintenance, repair and overhaul of its CFM56-7B engines that power its nineteen Boeing 737-800 aircraft. The agreement is valued at more than $60 million (USD) over the life of the contract.
"We appreciate Sunwing's trust in us to support their CFM56-7B engine fleet. Through GE's TrueChoice agreement, we will ensure Sunwings CFM56-7B engines receive high-quality OEM maintenance, repair and overhaul services to keep them flying long into the future," said Jean Lydon-Rodgers, president and chief executive officer of GE Aviation's Services organization.
Sunwing Airlines has become the leading, integrated leisure tour operator in Canada since it began operations in 2002. A full-service airline providing "high frills" leisure class service at a low cost, Sunwing has consistently been voted the number one leisure airline by Canadian travel agents. Sunwing's corporate and sales offices are located in Toronto, Montreal, and Vancouver.
The TrueChoice suite of engine maintenance offerings incorporates an array of GE capabilities and customization across an engine's lifecycle. The TrueChoice suite includes:
TrueChoice Flight Hour helps optimize cost of ownership over the engine lifecycle with flexible risk transfer and payment options.
TrueChoice Overhaul provides time and material overhauls with tailored workscopes specific to shop visit objectives, economic priorities and ownership horizon-for one engine or a fleet.
TrueChoice Material offers high-quality serviceable OEM parts, advanced repairs and technology upgrades to enhance engine performance and support higher engine residual value.
TrueChoice Transitions includes a range of options for changing ownership horizons, such as green time leases, exchanges and material buy-back, plus customized workscopes with shorter builds and maximum used material. For lessors, GE offers products specifically designed to accommodate a change in owner or operator.
Each of the TrueChoice offerings is underpinned by GE Aviation's data and analytic capabilities and experience to help reduce maintenance burden and service disruptions for customers.
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components, integrated digital, avionics, electrical power and mechanical systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings and is part of the world's Digital Industrial Company with software-defined machines and solutions that are connected, responsive and predictive. 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.