FARNBOROUGH--GE Aviation will provide MRO services for Arkia Israeli Airlines’ CF34-10E engines powering its fleet of three Embraer 190 aircraft.
The TrueChoice aftermarket agreement is valued at more than $75 million over the course of the contract’s 12-year lifespan, GE confirmed in a statement released July 16.
The location of where the flight-hour support agreement work will be carried out has yet to be determined, but in a CF34 TrueChoice contract, repairs are typically conducted either at GE’s Strother Field repair facility in Cowley County, Kansas, or at one of its approved MRO network companies servicing the engine. These companies include Germany’s MTU Maintenance, Japanese specialist IHI and U.S.-based StandardAero.
Having surpassed 7,000 deliveries for the CF34 family, Aviation Week Fleet & MRO Forecast data predicts the overall aftermarket value of the engine will amount to $38.5 billion from this year through to 2027.
Nir Dagan, president and CEO at Tel Aviv-based Arkia, says the TrueChoice support its fleet expansion plans along with its transition from turboprops to Embraer aircraft.
In addition to the 190s, Arkia operates three Embraer 195s also powered by the -10E engine variant. It is also anticipating new Embraer aircraft--the carrier has a commitment for six of the 195-E2 aircraft type following the signing of a letter of intent with the Brazilian aircraft manufacturer at Farnborough in 2016.
As part of its fleet expansion plans, Arkia is scheduled to take the first of four new Airbus A321neos this year. The aircraft will be powered by CFM International’s LEAP-1A. The carrier selected the engine in April 2017 along with a 15-year flight-hour agreement attached at a value of around $200 million.