TransAsia Airways chooses IAE’s V2500 engines to power six A321 aircraft

International Aero Engines (IAE) on Wednesday announced that TransAsia Airways has chosen its V2500 engines to power six A321 standard aircraft which are on firm order with Airbus.

The transaction also includes, as part of a larger package, Pratt & Whitney PW1100G-JM engines to power six firm and six option A321neo aircraft.

TransAsia Airways currently has eight A320 family aircraft in service powered by V2500-A5 engines which have logged over 380,000 hours.

Financial details of the transaction were not disclosed.

IAE is a multinational consortium whose shareholders include Pratt & Whitney (NYSE:UTX), Rolls-Royce (LSE:RR), Japanese Aero Engines Corporationa and MTU Aero Engines.