China Eastern Airlines has selected International Aero Engines to provide V2500 engines to power 50 new A320 series aircraft. The deal also includes comprehensive long-term engine aftermarket services. Deliveries will commence in August 2012 and continue to 2015, and China Eastern will employ the new V2500s to expand the capacity of its fleet. The deal is valued at over $1.2 billion including the engine and aftermarket business. IAE will deliver engines for 11 A319s (including five high altitude A319s), 19 A320s and 20 A321s.
IAE is a multinational aero engine consortium whose shareholders comprise of Pratt & Whitney, Rolls-Royce, Japanese Aero Engines Corporation and MTU Aero Engines.
