INTERNATIONAL AERO Engines (IAE) is engaged in around 30 active sales campaigns and, in 1996, it hopes to equal or exceed 1995's record sales effort when V2500 orders worth more than $1.6 billion were taken.
"We are active right around the Pacific rim in 1996 and we see that more accentuated around the world," says IAE president and chief executive Barry Eccleston. "We see Europe being very active in the charter market and the leasing business is very active. Four or five deals are very close to being concluded within the next two to three weeks." The company adds that a further 25 campaigns are "in the wings."
Intense regional efforts in the Pacific rim are being focused on campaigns in China, India, Japan, Korea, Macau and Taiwan.
"Of the top eight airlines in China, more than half are looking at 150-seaters," adds Eccleston. Versions of the engine power the McDonnell Douglas MD-90, while the V2500 is an option on the Airbus A319, A320 and A321. In total, 207 aircraft have been delivered and 1,600 engines worth $10 billion have been ordered.
IAE claims to enjoy an increasingly dominant position in the Asia-Pacific market, saying that "...in terms of the region's fleet, V2500 engines are selected for 53 A320s, 26 A321s and 65 MD-90s". It adds: "V2500-powered airliners total 144, compared with CFM's 78, while the region has 17 V2500 customers against its rival's six.
BWIA has chosen the V2500 to power two A321-100s to be leased from International Lease Finance in June and October 1996.
Source: Flight International
