July 17, 2008

Shanghai Airlines Selects IAE’s V2500 Engines to Power A321s

Shanghai Airlines has selected International Aero Engines's V2500 unit to power its 10 Airbus A321s. The deal is worth more than $56 million to Pratt & Whitney if all options are exercised.

Pratt & Whitney, an aircraft engine manufacturer and a United Technologies company, is a major participant in International Aero Engines.

Shanghai Airlines is due to receive its first aircraft in July 2009. The V2500-A5 is available in seven different thrust settings ranging from 22,000lbs to 33,000lbs to power the Airbus A319, A320 and A321 family of aircraft, as well as the A319 corporate jet.