Dubai’s low-cost carrier Flydubai has signed a $300m contract with GE Aviation for the maintenance, repair and overhaul (MRO) of 109 engines over the next 10 years.

The OnPoint solution agreement was signed during the Paris Air Show and represents an investment of $2m for each CFM56-7B engine that powers Flydubai’s fleet of Boeing 737 aircraft.

OnPoint services may include overhaul, on wing support, new and used serviceable parts, component repair, technology upgrades, engine leasing, integrated systems support and diagnostics and integrated systems.

“Flydubai is constantly looking for the best services and partners to ensure our fleet remains in the best condition to safeguard our operational obligations and safety of our passengers and crew,” says Ghaith al-Ghaith, chief executive officer of Flydubai.

“We have one of the newest fleets in the industry and signing this agreement will ensure our engines continue to perform at peak levels.”

Flydubai has more than 50 Boeing 737 aircraft on order. Flydubai acquired its 17th aircraft earlier in June (MEED 12:6:11).