BOC Aviation has selected the V2500 engine to power five firm Airbus A320ceo family aircraft. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, a division of United Technologies Corporation (NYSE: UTX); Pratt & Whitney Aero Engines International GmbH; Japanese Aero Engines Corporation; and MTU Aero Engines GmbH.
"This order for V2500 engines continues to demonstrate our confidence in the operating economics of this fuel-efficient workhorse, which has powered more than 170 aircraft in our fleet's history, and will power a significant portion of our A320 family fleet on order," said Robert Martin, managing director & chief executive officer of BOC Aviation. "We are pleased that our longstanding relationship with IAE has enabled us to provide an attractive airframe and engine solution that meets the needs of our global A320 family customer base."
"We are appreciative of the trust BOC Aviation places in our products and people," said Rick Deurloo, senior vice president, Commercial Engines, Sales, Marketing, and Customer Service, Pratt & Whitney. "We look forward to continuing a strong relationship with BOC Aviation and supporting their V2500 powered A320ceo family aircraft."
BOC Aviation is a leading global aircraft operating leasing company with a fleet of 483 aircraft owned, managed or on order. Its owned and managed fleet was leased to 64 airlines worldwide in 31 countries as of 30 June 2016.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units.
This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in levels of demand in the aerospace industry, in levels of air travel, and in the number of aircraft to be built; challenges in the design, development, production, performance and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corp.'s Securities and Exchange Commission filings.