JetBlue signs long-term service agreement with Pratt & Whitney for 230 V2500 engines

JetBlue Airways has announced it has signed a 13-year fixed-price agreement with Pratt & Whitney affiliate, International Aero Engines AG (IAE) for 230 V2500 engines that power the airline´s A320ceo fleet, the company said.

The fuel efficient V2500 engine is offered through IAE, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines.

JetBlue operates a fleet of 193 Airbus A320ceo family aircraft powered by the V2500 engine. The airline has also ordered 85 GTF-powered Airbus A320neo family aircraft, of which 10 have already been delivered. In addition, JetBlue has 70 GTF-powered Airbus A220 aircraft on order, with deliveries scheduled to begin later this year.

Pratt & Whitney, a unit of Raytheon Technologies (NYSE:RTX) designs, manufactures and services of aircraft and helicopter engines, and auxiliary power units. Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide.