Iberia Maintenance and HK Express, a fully owned subsidiary of Cathay Pacific, have signed a long-term contract to maintain 32 V2500 engines powering the low-cost carrier's Airbus A320ceo and A321ceo fleet.
Efficiency improvements, such as the extension of engine repair in-house capability, workscope adjustments to ensure shop visit optimisation and used serviceable material (USM) sourcing from the market, were the key differentiators in the offer.
At the end of 2012, Iberia Maintenance, with the support of International Airlines Group (IAG), started working on the International Aero Engines (IAE) capability to service the V2500 engine. In 2015, it obtained Pratt & Whitney's licence for V2500 engine MRO and joined the network of IAE, which distributes its customers' engines for repair and overhaul to network partners. At that time, Iberia Maintenance became the first non-IAE member workshop to overhaul V2500's.
Iberia Maintenance Engine Shop specialises in CFM56, V2500 and RB211 engines and provides services to a worldwide customer base of airlines, OEMs and the wider industry, while servicing V2500 engines being more than half of the current workload. In October, the company obtained the license to service Pratt & Whitney GTF™ engines. The first engine will be inducted in 2023.