OREANDA-NEWS. July 14, 2016. Emirates has extended its TrueChoiceTM Flight Hour agreement with GE (NYSE: GE) for the maintenance, repair and overhaul of 54 GE90-115B engines that power its Boeing 777-300ER aircraft. The extended agreement is valued at more than \\$400 million over the life of the contract.

Emirates operates the world's largest fleet of Boeing 777 aircraft with 118 in service flying to six continents. The airline continues to build on a successful partnership with GE on technology sharing and innovation in engine maintenance and related services, contributing significantly to the aviation industry.

"As the largest operator of GE90 engines, Emirates depends on the engine's reliability on a daily basis to satisfy its customers," said Kevin McAllister, president and chief executive officer of GE Engine Services. "That's why GE Aviation is proud to continue to provide exemplary service and support for Emirates' GE90 engine fleet with the extension of the True Choice Flight Hour agreement."

The TrueChoice suite of engine maintenance offerings for commercial aviation industry emphasizes the breadth and depth of capabilities and customization across the entire engine lifecycle. The TrueChoice suite includes:

  • TrueChoice Flight Hour provides customized offerings that help optimize cost of ownership over the entire 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 - whether for one engine or an entire fleet.
  • TrueChoice Material provides high-quality new and used OEM parts, advanced repairs and technology upgrades for airlines and MROs that enhance engine performance over the lifecycle and support higher engine residual value.
  • TrueChoice Transitions provides a broad range of options for changing ownership horizons, including green time leases, exchanges and material buy-back, plus custom 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 emerging capability and experience with using data and analytics to offer new insights to reduce maintenance burden and service disruptions for our customers.

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About Emirates

With a fleet of more than 250 aircraft, Emirates currently flies to more than 150 destinations in more than 80 countries around the world. More than 1,500 Emirates flights depart Dubai each week on their way to destinations on six continents. Emirates is the world's largest operator of the highly successful GE90-powered Boeing 777-300ERs, with 118 aircraft in fleet and more pending delivery. At the 2013 Dubai Air Show, the airline had committed to acquiring 300 of the new GE9X engine for its Boeing 777X fleet, which is the largest ever commercial jet engine award from an airline.

About GE Aviation

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.

TMTrueChoice is a trademark of General Electric Company.