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- 1. AirAsia Places US$8.6 Billion CFM Engine Order
AirAsia has ordered additional CFM LEAP-1A engines and CFM56-5B engines to power the 100 Airbus A320 aircraft it ordered in December. The order, which comprises LEAP-1A engines to power 64 A32neos and CFM56-5B engines to power 36 A320ceo aircraft along with 5 CFM-56B spare engines and 9 LEAP-1A spare engines, is valued at US$8.6 billion at list prices, including a 20-year RPFH (Rat
- 2. Lion Group Buys Two More Spare PW127 Engines
Lion Group has bought two more spare PW127 engines, as part of the airline’s decision to have spare engines and a stockpile of spare parts, so it can provide greater operational reliability. The acquisition of two brand new PW127 engines, worth US$2.6 million each, increases the number of spare PW127 engines it has to six.
- 3. SilkAir selects IAE V2500 Engines for New Aircraft Orders
SilkAir selects IAE V2500 Engines for New Aircraft Orders. SilkAir has selected International Aero Engines (IAE) V2500 engines to power its 20 new Airbus A320 family aircraft, which were ordered in December 2006. The new orders - 11 firm and nine on option - are scheduled for delivery between 2009 and 2013.
- 4. AirAsia and GE Aviation Sign MOU for CF6-80E1 Engines
AirAsia X and GE Aviation have signed a Memorandum of Understanding for the selection of CF6-80E1 engines to power the airline's 25 new firm Airbus A330-300 aircraft, with options for an additional three A330 aircraft. These engines will be covered by a multi-year OnPoint solution service agreement for engine maintenance, repair and overhaul. The list price for the engines and the
- 5. Tiger Airways selects IAE V2500 Engines to Power Fleet Expansion
Tiger Airways selects IAE V2500 Engines to Power Fleet Expansion. Tiger Airways has selected IAE V2500 Engines to power the additional 20 Airbus A320 aircraft orders the Singapore-based airline confirmed in December 2007. All engines will be of the SelectOne build standard and will be backed by a long-term 2500Select agreement.
- 6. Emirates Selects Engine Alliance GP7200s Engines for Recent A380 Order
Emirates Selects Engine Alliance GP7200s Engines for Recent A380 Order. The deal includes a Fleet Management Agreement for the maintenance, overhaul and repair of the engines. The total value of the agreement, including spare engines, is approximately US$4.8 billion over the life of the contract.
- 7. Volaris Expands Aftermarket Agreement with IAE
Volaris, one of Mexico’s leading low-cost airlines, has amended its existing V-Services Fleet Hour Agreement with International Aero Engines (IAE) to add coverage for 26 incremental V2500 engines. Volaris’ entire fleet of A320 family aircraft powered by V2500 engines are now covered by an IAE V-Services aftermarket agreement. The deal is valued at approximately US$400 million.
- 8. Spirit Airlines Selects PurePower and V2500 Engines for 75 Airbus Aircraft
Spirit Airlines has selected Pratt & Whitney PurePower PW1100G-JM engines to power its order of 45 firm A320neo aircraft. Spirit has also selected International Aero Engines’ (IAE) V2500 engine to power its order for 30 firm A320ceo aircraft.
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