EAST HARTFORD, CT – Sichuan Airlines has selected the International Aero Engines V2500 SelectOne engine to power 18 Airbus A320 family aircraft to be delivered between 2009 and 2012. The agreement includes a long-term V2500 Select aftermarket agreement for the new engines and those powering 15 aircraft already in service. At list prices, the deal is valued at more than $233 million to Pratt & Whitney, a division of United Technologies Corp., which is a major shareholder in the International Aero Engines joint venture.
As part of the deal, International Aero Engines has been designated as the airlines’ preferred engine supplier for all future acquisitions of A320 family aircraft. In Greater China, the V2500 powers over 200 aircraft in service and during the past 24 months has been selected for over 180 additional A320-family aircraft placed on firm order in the region, representing more the half of the market share in China. The 22,000-33,000-pound of thrust V2500 is available in seven different thrust settings to power the Airbus A319, A320, and A321 family of aircraft as well as the Airbus Corporate Jetliner. More than 5,000 V2500 engines are in service or on firm order.
The SelectOne build standard delivers an additional one percent fuel burn advantage, along with a corresponding reduction in CO2 emissions. It will improve time-on-wing by up to 20 percent, and demonstrate compliance with the most stringent CAEP/6 NOx standards. It entered into service in October 2008.
