Shenzhen Airlines Selects IAE V2500 Engine to Power 28 A320s

Released on Tuesday, July 15, 2008

Today at the Farnborough International Airshow, International Aero Engines announced that China's Shenzhen Airlines has chosen the V2500 to power 28 Airbus A320 family aircraft and back the engine order with a long-term V2500Select® agreement. The combined deal is valued at more than $812 million to IAE and represents the first V2500 order from Shenzhen.

The aircraft will have the SelectOneTM build standard, with delivery commencing in June 2009. Shenzhen Airlines currently operates a fleet of 19 Airbus A320 family aircraft with a further 14 on firm order.

IAE Regional Vice President � Greater China, Craig Welsh, said: "Shenzhen Airlines has considerable operating experience with the Airbus A320 family, and this recent engine campaign was conducted in an extremely professional and detailed manner. Our market-leading credentials in terms of overall lowest emissions, lowest fuel burn and world-class reliability � all supported by an OEM-backed aftermarket agreement � have, I am sure, been key factors in this selection.

"We are delighted to welcome Shenzhen Airlines to the growing number of customers in China who have chosen IAE, the V2500 and V2500Select®, and we look forward to working alongside them in the future."

The 22,000-33,000lb 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 A319 Corporate Jet. More than 5,000 V2500 engines are in service or on firm order.

The SelectOne™ engine delivers up to a four per cent fuel burn benefit, along with a corresponding reduction in CO2 emissions. It will improve time-on-wing by 20 per cent, and demonstrate compliance with the most stringent CAEP/6 NOx standards. It is due to enter into service later this year.