Ryanair agrees engine maintenance deal with GE

Ryanair today announced it has entered into a 10 year agreement with General Electric’s subsidiary GE Engine Services (“GE”) to provide engine maintenance for the Ryanair fleet.

This all inclusive maintenance contract will include the repair and overhaul of engine components, the provision of spare parts, technical support of the fleet and the maintenance and overhaul of all the CFM56-7 series engines which power its current fleet of 59 Boeing 737-800.

It will also include the 96 aircraft deliveries and up to 123 options to be delivered to Ryanair over a period up to 2010. The deal also has an option for a 10 year extension.

Commenting on the GE engine maintenance agreement Michael Hickey, Ryanair’s Director of Engineering, said: “GE are a world class provider of these services and we have secured a long term agreement which will enable us to significantly reduce our maintenance and overhaul costs."

Dan Heintzelman, president and CEO of GE Engine Services said: “We have worked closely with Ryanair to meet their requirements to ensure this programme meets the highest international standards of quality and safety.

"We look forward to developing an even closer relationship with Ryanair over the period of the agreement.”