P&W Geared A320neo Engine Sales Strong In Asia Pac
Pratt & Whitney had a strong start at the Farnborough International airshow Monday, when its PW1100G geared turbofan engines were selected by two budget Asian carriers–India’s IndiGo and Cebu Pacific Air of the Philippines–to power the Airbus A320neo family aircraft they have on order. Indigo’s deal represents one of the largest orders in U.S. engine maker’s history, said the OEM.
The U.S. engine manufacturer also announced that Norwegian Air Shuttle signed a memorandum of understanding to power 50 Airbus A320neos with PW1100Gs, with first delivery scheduled for 2016.
With its fleet of 57 new Airbus A320s, Indigo is already India’s largest budget carrier (and its only profit-making one). Its agreement for 150 Airbus A320neos includes 300 firm orders for engines, with additional options and a long-term PureSolution maintenance agreement. Deliveries are scheduled to begin in 2015.
“With oil prices on the rise, we are more satisfied than ever with our selection,” said IndiGo president Aditya Ghosh.“As a result of the lower engine operating cost, we are confident we can maintain our competitive low fares,” added Ghosh.
Cebu Pacific Air’s order to power 30 A321neos also includes a 10-year PureSolution maintenance package for each engine. Deliveries are scheduled to begin in 2017.
The carrier currently operates 10 Airbus A319s, 20 Airbus A320s and eight ATR-72 500 turboprops. Between 2012 and 2021, Cebu Pacific plans to take delivery of 22 more Airbus A320s and the 30 Airbus A321neos, and it also holds options for another 10 Neos.