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 coverage includes overhaul, engine health monitoring and on-wing coverage. The total value of this new business is worth $300 million to IAE. Sichuan
Australian sustainable aviation fuel industry receives massive boost with major investment
The Australian sustainable aviation fuel (SAF) industry has received a massive boost with a major joint investment. A Queensland biofuel refinery being jointly developed by Jet Zero Australia and LanzaJet is to receive investment from Qantas Group, Airbus, and the Queensland Government. The refinery is looking to produce SAF from agricultural by-products, including sugar cane.