Pratt & Whitney has celebrated the 40th anniversary of the establishment of IAE International Aero Engines AG (IAE), a multinational consortium comprised of shareholders that also include Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines.
The launch of the successful joint venture in March of 1983 leveraged engineering expertise and advanced technology from across the party companies to develop the V2500, an engine that continues to power nearly 3,500 aircraft globally.
The V2500 delivers power for approximately 150 commercial, cargo, and military operators in 80 countries. In total, more than 7,800 have been produced since entry into service, collectively powering more than 135 million flights and more than 255 million engine flight hours.
Approved for operation on 50% sustainable aviation fuel (SAF), the V2500 will help the aviation industry meet its goal of net-zero CO2 emissions by 2050.
“The V2500 is a workhorse of the aviation industry and has grown into one of the most successful commercial aerospace programs of all time,” says Earl Exum, president of IAE and vice president, Mature Commercial Engines, Pratt & Whitney.
“The V2500 wouldn’t be the triumph it is without our IAE collaborators, customers, and suppliers. With the IAE collaboration agreement extension to 2045 and a substantial fleet of V2500s in service today, this joint venture has secured its standing as a global aviation leader for decades to come.”
Just one year after IAE was formed, the V2500 won its position on the Airbus A320ceo family of aircraft and later entered into service with launch customer Adria Airlines in 1989.
The V2500 now powers 60% of the global in-service A321ceo fleet, with an average fleet age of only 12.8 years. The engine also powered 116 Boeing MD-90 aircraft, entering service on that type with Delta Airlines in 1995.
“The V2500 has long powered Airbus aircraft,” said Philippe Mhun, Executive Vice President Programmes & Services, Airbus.
“The engines reliably transport millions of passengers each year. We extend our congratulations to IAE and the party companies for 40 years of dedicated service to the V2500 and the aircraft that it powers.”
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