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Fri, Jul 18, 2008

Farnborough '08: US Airways Signs Aftermarket Agreement With IAE

Covers Engine Maintenance On A320s Until 2032

US Airways announced this week it has signed a long-term aftermarket agreement with International Aero Engines (IAE) covering V2500-A5 engines that power the airline's fleet of Airbus A320 Family aircraft. The contract is projected to run to 2032, and is currently IAE's largest aftermarket maintenance agreement.

This contract will initially cover 74 V2500-A5 powered aircraft already in service and engines for a further 78 firm aircraft that US Airways ordered last year. Through this agreement, IAE will assume responsibility for scheduling and delivering a complete engine maintenance program.

The V2500-A5 is available in seven different thrust settings ranging from 22,000 lbs. to 33,000 lbs. 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. V2500Select is a tailored package combining aftermarket support and the V2500 SelectOne(TM) engine upgrade, providing operators with reduced operating costs and a predictable budget.

IAE is a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Rolls-Royce, the Japanese Aero Engines Corporation and MTU Aero Engines. More than 1,300 V2500-powered aircraft have been delivered and the worldwide fleet has accumulated over 40 million flying hours.

FMI: www.usairways.com, www.v2500.com

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