Air Transat has signed an eight-year OnPoint solution agreement for the overhaul of its fleet of CFM56-7B engines that power its Boeing 737-800 Next Gen aircraft. The OnPoint solution agreement is valued at more than US$25m over the life of the agreement.
Xiamen Airlines signed a 15-year OnPoint solution agreement with GE Aviation for the material necessary to overhaul its 12 GEnx-1B engines. The agreement is valued at US$240m over the life of the agreement.
