Engine builder IAE announced three major new contracts at Farnborough yesterday. China’s Hainan Airlines has chosen the company’s V2500 engines to power a further 13 Airbus A320s, backed by a long-term V2500Select aftermarket service agreement. The combined engine/aftermarket deal is valued at around $350 million.
IAE’s V2500 engines now power 195 aircraft in service in China, and during the past 18 months the powerplant has been selected on more than 160 additional A320-family aircraft placed on firm order in the region.
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Hong Kong Airlines has ordered V2500 engines on an Airbus A319 Corporate Jet (ACJ). The aircraft will be equipped with the new SelectOne build standard engines, delivering improved fuel-burn and lower emissions as well as enhanced time on-wing and lower maintenance costs. Delivery is scheduled for September 2009.
Finally, US Airways has signed a long-term aftermarket agreement covering 74 V2500-A5 engines currently powering the airline’s fleet of Airbus A320-family aircraft. US Airways has firm orders for a further 78 aircraft and this agreement will assume responsibility for scheduling and delivering a complete engine maintenance programme for the airline’s IAE-powered fleet.
Source: Flight International
