BOC Aviation has selected the V2500 engine to power 18 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 repeat order reflects our continued confidence in the V2500 engine as a fuel-efficient solution for a significant portion of our A320 family fleet on order," said Robert Martin, managing director & chief executive officer, BOC Aviation. "We value our longstanding relationship with IAE, which enables us to provide an attractive airframe and engine combination for our global A320 family customer base. With this, we now have installed more than 170 aircraft with V2500 engines during our history."
"We look forward to providing BOC Aviation and their customers with an engine that cannot be matched in terms of fuel efficiency on the A320ceo," said Rick Deurloo, senior vice president, Commercial Engines, Sales, Marketing, and Customer Service, Pratt & Whitney. "The engine is a solid investment in value, as our continuous improvements maintain its superior performance."
BOC Aviation is a leading global aircraft operating leasing company with 503 aircraft owned, managed or on order and leased to 62 airlines worldwide in 31 countries as at 31 March 2016. BOC Aviation has its headquarters in Singapore with offices in Dublin, London, Seattle and Tianjin. For more information, visit www.bocaviation.com.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. To learn more about UTC, visit its website at www.utc.com, or follow the company on Twitter: @UTC.
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 support, performance and realization of the anticipated benefits 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.