IAE AG and FTAI Aviation Sign Strategic V2500® Engine Maintenance Services Agreement
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FTAI Aviation Ltd. (FTAI)
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Source: GlobeNewswire
The V2500® engine powers commercial, cargo and military aircraft, and has a long track record of providing reliable and efficient performance (Source: Pratt & Whitney) NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) and IAE International Aero Engines AG (IAE) today announced a five-year EngineWise® maintenance services agreement for V2500 engines. The agreement includes over 100 full performance restoration shop visits. IAE is a multinational consortium comprised of Pratt & Whitney, an RTX (NYSE: RTX) business, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines AG. “FTAI’s expansion of V2500 offerings is a testament to the engine’s reliability and value to lessors,” said Kim Kinsley, president, IAE AG, and vice president, Mature Commercial Engines at Pratt & Whitney. “We are committed to working with FTAI on V2500 engine maintenance to optimize fleet performance for FTAI’s customers around the wo
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- FTAI Aviation Announces Early Tender Results for its 9.750% Senior Notes Due 2027GlobeNewswire
- FTAI Aviation Announces Extension of Early Tender Deadline for its 9.750% Senior Notes Due 2027GlobeNewswire
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