The Paris Air Show is a major event for the aviation industry, and this year has seen some significant announcements from engine makers. GE Aerospace has announced several deals with airlines, including Republic Airways and Garuda Indonesia.
Republic Airways operates a fleet of Embraer E170/175 regional jets, and it relies on the CF34-8E engine to keep those jets flying. The company has ordered 37 new engines from GE, as well as spare parts and an extension of its TrueChoice services agreement. This deal is a testament to the long-standing relationship between GE and Republic, and it shows how important partnerships between operators and OEMs are in the post-pandemic recovery.
GE has also announced a strategic cooperation with Garuda Indonesia to restore and overhaul the airline's fleet of GE90 and CFM engines. This deal includes training and skills development, lease engine support, and overhaul services. The relationship between GE and Garuda goes back to the 1970s, and this new agreement will help to ensure that Garuda's fleet remains reliable and efficient.
These deals are a sign of the strong demand for new and refurbished engines. As the aviation industry recovers from the pandemic, airlines are looking to upgrade their fleets with more fuel-efficient and reliable engines. GE is well-positioned to meet this demand, and these deals are a further indication of the company's leading position in the global engine market.