International Aero Engines (IAE) announced today that its V2500 engine had been selected by Hainan Airlines to power 20 Airbus A319 aircraft. The purchase will be backed by a long-term, V2500Select aftermarket agreement, with deliveries beginning in June 2008. The combined engine and aftermarket deal is valued to IAE at $540 million.
IAE president and CEO Jon Beatty said at Le Bourget: “Since its launch in 1993, Hainan Airlines has carried more than 60 million passengers and grown to become one of the largest airlines in China.”
During this period of rapid expansion, Hainan Airlines has focused on providing a complete and customised service for all its customers – a strategy IAE has followed with the introduction of V2500Select.
The 22,000-33,000lb-thrust V2500-A5 is available in seven different thrust settings to power the Airbus A319, A320 and A321 family of aircraft as well as the A319 Corporate Jet.
Source: Flight Daily News
