Nine contracts worth more than $630 million were awarded to MTU Maintenance last November. “The deals we made again demonstrate that amid a difficult economic environment, MTU remains competitive and well positioned,” commented Egon Behle, CEO of MTU Aero Engines. The agreements signed in part are long-term, up to 10-year arrangements covering V2500, CF6 and PW2000 engines. They come mostly from the U.S. and Europe.
International Aero Engines
International Aero Engines has logged orders for $1.4 billion worth of V2500 engines at Farnborough. With more than 5,000 powerplants in service or on order, the company’s long-term future would seem to look secure.
IAE has logged its largest-ever aftermarket deal to provide support for engines powering U.S. Airways’ fleet of Airbus A320 family aircraft. The contract runs to 2032 and initially covers 74 aircraft currently in service, along with engines for a further 78 ordered by U.S. Airways last year. According to IAE, aftermarket agreements cover more than half of the V2500s in service.
International Aero Engines has been awarded a follow-on order from Hainan Airlines for V2500 engines to power 13 Airbus A320s. Along with a long-term V2500Select aftermarket agreement, the deal is worth $350 million. The Chinese operator took delivery of the first of 20 V2500-powered A319s in June, becoming the latest Chinese airline to fly the Airbus narrowbody.
International Aero Engines comes to Farnborough celebrating the 25th anniversary of the landmark deal on March 11, 1983, between Rolls-Royce, Pratt & Whitney and Japanese Aero Engines to develop a brand-new engine–the V2500–to compete with the CFM56 to power the Airbus A320 family.
Rolls-Royce North America has strengthened and reorganized the management of its Corporate Aircraft division. Ian Aitken, who previously had a split role as president of corporate aircraft and executive v-p of airlines for the Americas, will now be focusing entirely on the business aviation sector.
Honeywell Aerospace, along with Honeywell subsidiary UOP, Airbus, JetBlue and International Aero Engines (IAE), are joining efforts to develop a sustainable biofuel, using feedstocks that do not compete with food or water resources. The five partners will focus on converting bio feedstocks to commercial aviation fuels. Those feedstocks could be algae.
The biggest engine deal of Farnborough 2002 was undoubtedly FedEx’s selection of the Engine Alliance’s GP7200 engines to power its 10 A380 cargo megaliners. Though the value of the contract was not disclosed, it gives the Pratt & Whitney/General Electric joint venture parity in the A380 powerplant race with its Rolls-Royce rival.
Pratt & Whitney insists its geared turbofan (GTF) engine will have “fuel burn parity” with the competing open-rotor designs being studied by CFM International, Rolls-Royce and Snecma, all of whom have rejected geared fans as the way forward.
Visitors to International Aero Engines’ V2500 SelectOne Web site are invited to play an interesting game–in the spirit of creative marketing.