$750 million engine order

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IAE International Aero Engines announced today that ILFC had selected the V2500 to power up to 45 Airbus A320 family aircraft in an engine deal valued at more than $750 million.

Speaking at the ninth international aerospace exhibition, Dubai 2005, IAE President Mark King said: “This is a significant order from ILFC which not only underlines their confidence in IAE and the V2500 but also highlights the demand in the marketplace for V2500-powered aircraft.”

ILFC already has 142 V2500-powered aircraft in operation with a further 63 on firm order. This additional order is made up of 30 firm and 15 options for Airbus A320 aircraft.

The 22,000-33,000lb of 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.

IAE is a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Rolls-Royce, the Japanese Aero Engines Corporation and MTU Aero Engines.