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GE bags maintenance pact of Singapore Airlines



23 August, 2005: General Electric Company has bagged a 10-year maintenance pact of Singapore Airlines. The value of the deal is not known.

The pact is known as OnPointSM Solutions, media reports said.

GE will conduct the repair and overhaul of the engines of the SIA. SIA has a fleet of 90 aircraft. SIA intends to service GE90-115B engines of its 19 Boeing 777-300ER planes in medium and long-haul routes next year.

"By entering into such arrangements, our maintenance costs become more predictable and correspond directly with our operating pattern," SIA senior executive vice president,operations and services, Bey Soo Khiang said on the deal.

SIA fleet of 90 include 27 Boeing 747s, 58 Boeing 777s and five Airbus A340-500s.

The SIA has the distinction of being the launch customer of the Airbus A380. The SIA has placed 10 firm orders with options for another 15. Arbus A380 is the world’s largest commercial aircraft.

Airbus is expected to commence deliveries of the aircraft in 2006 November. Airbus had it first scheduled deliveries for April, but later postponed it.

The Singapore-based airlines had announced its intentions to purchase around 31 long-range Boeing 777-300ER last year. This deal is worth more than $7 billion. These aircraft will also have the GE90-115B engines for which GE has bagged the repair and overhaul order. These aircraft are to be delivered by 2010, though deliveries are expected to start only in 2006.

“We are very excited that a world-class premium carrier like Singapore Airlines has selected GE as the maintenance provider for its GE90-115B engines,” Dan Heintzelman, President of Engine Services, GE Transportation, said. Singapore Airlines’ Senior Executive Vice President (Operations and Services) Bey Soo Khiang said the pact was the beginning of a new partnership with General Electric.



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