Rolls-Royce plans to sell its equity and program shares in IAE to Pratt & Whitney for $1.5 billion as part of a restructuring that would see the two companies enter a new partnership to develop an engine to power a future midsize aircraft.
Embraer announced that the V2500 commercial turbofan produced by the International Aero Engines (IAE) consortium will power its twin-engine KC-390 tanker/transport now in development. IAE president and CEO Ian Aitken said the choice “substantially opens a market [in which] we have not done business before.” The V2500-E5 engine was competing against the CFM56 for the Embraer KC-390 application.
A consortium along the lines of International Aero Engines (IAE) will be created for the Pratt & Whitney PW1000G geared turbofans (GTF) later this year, according to Dave Hess, Pratt & Whitney president.
International Aero Engines (IAE) will begin to consider a “SelectThree” variant of its established V2500 turbofan around the end of 2011 as a potential follow-on to the SelectTwo version unveiled earlier this year and launched by Middle East operator Gulf Air.
This year, Toulouse-based Airbus Corporate Jet Centre (Stand 7071) is set to reach its target of a regular annual production rate of three to four cabin deliveries. The Airbus subsidiary specializes in VIP cabin outfitting on the manufacturer’s narrowbodies, and its new products include a conversion kit and a service package for the ACJ family.
Embraer Defense and Security signed contracts for the KC-390 tanker-transport program with two industrial partners who will supply airframe structures.
Business jet engine programs this year seem to be moving slowly, with little progress to report. Some–like the Snecma Silvercrest–have not been officially launched yet and are still looking for an application. Most news comes from derivative engine programs at Honeywell, Pratt & Whitney Canada and Williams International.
International Aero Engines (IAE) has identified a problem area with some of its V2500 engines and is inspecting engines in the fleet as a result. The issue involved the engine's high-pressure compressor (HPC), specifically the third through eighth stages of the 10-stage HPC requiring certain fasteners' replacement. This issue has resulted in the grounding of nine of Kingfisher Airlines' 34 Airbus A320s.
During the Farnborough airshow in late July, the Brazilian air force announced its intention to acquire 28 Embraer KC-390 twinjet tanker/transports. First flight is expected in 2014, with service entry planned before the end of 2015.
China Airlines Opts for V2500 Engines