China Eastern Airlines has awarded IAE International Aero Engines an order for V2500 engines to power a new fleet of 50 Airbus A320-family aircraft. The agreement also includes a long-term IAE engine maintenance agreement. The value to Pratt & Whitney of the order and aftermarket agreement is approximately $400 million.
IAE is a multinational aero engine consortium comprised of Pratt & Whitney, Rolls-Royce, the Japanese Aero Engines Corp. and MTU Aero Engines. Nearly 5,500 V2500 engines are in service or on firm order with the worldwide fleet accumulating more than 85 million flying hours. Pratt & Whitney is a proud member of the IAE consortium, which has provided outstanding engines and support services to its nearly 200 global customers for more than 25 years. Pratt & Whitney recently reaffirmed its commitment to IAE and its product line, agreeing to extend IAE’s collaboration agreement to 2045.