Jetstar Airways selects iae’s aftermarket support

IAE International Aero Engines and Jetstar Airways announced that they have signed a long-term aftermarket agreement covering the Australian low fares airline’s fleet of V2500 engines.

The ten-year agreement will cover engines powering 20 Airbus A320 family aircraft, plus three spare engines. Fifteen of the aircraft covered by the agreement are currently in service.

Jetstar Airways Chief Executive Officer Alan Joyce said: “IAE is able to match a reliable, fuel-efficient engine with a comprehensive aftermarket agreement that will enable us to continue to offer our customers the lowest fares.

“At Jetstar, we pride ourselves on working smarter and looking for new ways to improve our systems and processes and IAE, through this aftermarket service agreement, has been able to assist us in doing just that. We’re looking forward to this relationship.”

IAE President Mark King said: “Jetstar joins the growing number of V2500 operators who recognize the value of low and predictable maintenance costs provided by IAE’s aftermarket agreements. We were delighted when Jetstar selected the V2500 and, by opting for this agreement which reflects our V2500Select^SM approach to aftermarket services, we feel it is a further endorsement of our services strategy.”

Jetstar’s existing network now covers both Australian domestic operations and, since December 1, 2005, trans Tasman services from Christchurch in New Zealand. Jetstar will operate a fleet of 23 A320s by June 2006.

The 22,000-33,000lb of thrust V2500-A5 is available in seven different thrust settings to power the Airbus A319, A320 and A321 family of aircraft as well as the A319 Corporate Jet.

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 33 million flying hours.