Sichuan Airlines confirmed it has selected the IAE International Aero Engines V2500 to power its latest fleet of Airbus A320s, currently on order.
This deal includes V2500 SelectOne engines for 12 firm aircraft, due to be delivered between 2011 and 2015.
In addition, Sichuan has chosen to support these engines with a long-term IAE Aftermarket Services Agreement, where services include overhaul, engine-health monitoring and on-wing coverage.
The total value of this new business is worth $300m (£188m) to IAE.
Sichuan’s current A320 fleet of 61 aircraft in service and on order is powered exclusively by the V2500.
According to IAE, the V2500 powers more than 250 aircraft in service and there are more than 150 IAE-powered aircraft currently on order in the greater China region.
The V2500 was also the launch engine for the Airbus Final Assembly Line China (FALC) in Tianjin in 2009, where nine of the first 10 aircraft produced were powered by IAE, an international consortium made up of Pratt & Whitney, Rolls-Royce, Japanese Aero Engines Corporation and MTU Aero Engines.