$750 million engine order

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.