GE Aviation signs OnPoint Solution Agreement with NetJets

GE has announced that it has signed a 15-year OnPoint solution agreement with NetJets for the maintenance, repair and overhaul of its new CF34 engine fleet, which was part of last week’s  order that included 25 firm CF34-3B-powered Bombardier Challenger 605 aircraft with options for up to an additional 50 aircraft. The engine order and OnPoint solution agreement are valued at more $400 million over the life of the agreement.

“NetJets’ order for CF34-powered Bombardier Challenger 605 jets follows an order last year for 20 firm Passport-powered Bombardier Global 7000 and Global 8000 jets,” said Brad Mottier, vice president and general manager of GE Aviation’s Business & General Aviation organisation. “With NetJets’  growing fleet of GE-powered aircraft, the OnPoint solution agreement will ensure the company’s assets are well maintained to OEM standards.”