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Jetstar goes with IAE

written by australianaviation.com.au | January 29, 2010

Jetstar has signed an agreement with International Aero Engines which will see V2500 SelectOne engines power a new fleet of 50 Airbus A320 Family aircraft it has on order and 40 options, as well as a support agreement for the engines.

Bruce Buchanan, CEO of Jetstar said, “V2500 power is the backbone of our narrowbody fleet operation and this new deal, growing the relationship to include comprehensive aftermarket coverage, seals our long-standing partnership.”

The agreement together is worth US$3.5bn (A$3.9bn), including $1.5bn (A$1.67bn) for the engine acquisition and $2bn for the long term service agreement. Jetstar and Jetstar Asia’s existing fleet of A320s and A321s are powered by V2500s.

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