..:: India Strategic ::.. Civil Aviation: IAE launches new engine in India

British Prime Minister David Cameron resigns | Theresa May takes over as new UK PM | May becomes second British woman PM after Margaret Thatcher | Cameron announced resignation following Brexit, a referendum for UK's exit from EU June 23 | International Tribunal demolishes China's claims over South China Sea | Permanent Court of Arbitration at The Hague says China has no legal basis to claim regional waters and build islets | The Tribunal also held China guilty of damaging coral reefs and natural environment | China has border maritime problems with all its neighbours | China rejected the decision, saying it is invalid and has no binding force | India, Tanzania agree to deepen overall defence and security partnership, especially in the maritime domain | Both nations agreed to work closely, bilaterally, regionally and globally to combat twin threats of terrorism, climate change | Prime Minister visiting Tanzania in the last leg of his visit to 4 African nations July 7-11 | Boeing, Mahindra Defence open C-17 Training Centre for IAF | Terrorism is the gravest security threat facing the world today, says PM Modi during Mozambique visit | Terrorism impacts India and Mozambique equally | NASA spacecraft Juno reaches Jupiter | Juno crossed violent radiation and flew 130,000 miles/hour | Jupiter is the largest planet in our solar system | Juno should be in Jpiter orbit for 20 months to send data | The $1.1 billion Juno mission took five years to reach Jupiter | LCA 'Tejas' joins Indian Air Force | Tejas is an indigenously-built Light Combat Aircraft | The single-seat, single-engine, multi-role light fighter is designed by ADA and manufactured by HAL | India test-fires new surface-to-air missile from a defence base in Balasore off Odisha coast | The new missile is jointly developed by India and Israel | Abdul Majeed Al Khoori appointed Acting CEO of the Abu Dhabi Airports | Eng. Mohamed Mubarak Al Mazrouei becomes Advisor to the Abu Dhabi Airports Chairman | Defence Minister Manohar Parrikar hands over 'Varunastra' to Indian Navy | Varunastra is an advanced heavyweight anti-submarine torpedo | It is indigenously designed, developed and manufactured by DRDO | India officially joins Missile Technology Control Regime | With this India becomes 35th member of the MTCR | Indian Foreign Secretary S Jaishankar signed the document of accession into MTCR in Seoul June 27 | The document was signed in presence of Ambassadors of France, the Netherlands and Luxembourg - the Chair and two co-chairs of the Regime | India had applied for the membership in 2015 | India finalises deal for 145 BAE Systems M777 artillery guns | This is Indian Army's first artillery deal in 30 years | Britain votes to leave EU, Pound crashes | 52 per cent voted Leave and 48 Remain in historic referendum | British Prime Minister David Cameron announces to resign before October over UK's exit | Leave process will take about two years though | Markets hit worldwide, including in India | China scuttles India's NSG bid | India joins SCO | India, apart from Pakistan, was admitted as full member of SCO during its Ufa Summit in July 2015 | After completing certain procedures, India now technically entered into SCO | India had an observer status for past 10 years prior to entering into six member regional bloc | No consensus on India's membership in NSG | China and five other countries oppose India's entry as New Delhi has not signed NPT | China insists Pakistan must also enter NSG if India's application is accepted | Pakistan is China's only military ally and is also known as a nuclear, missile and terror proliferator (NMTP) | Indian Space Agency ISRO successfully launches 20 satellites in one rocket | This is the biggest launch in ISRO's history | The satellites were launched onboard PSLV C-34 from SDSC (SHAR) Sriharikota | PSLV C-34 was carrying 17 satellites from US, Canada, Germany, Indonesia and 3 from India | Government of India approves 100% FDI in defence and civil aviation sectors | In defence, foreign investment beyond 49% (and up to 100%) permitted through the government approval route | This is in cases of access to modern technology in the country | For aviation, the government allowed 100% FDI in India-based airlines | The decision on FDI reforms taken at a high-level meeting chaired by Prime Minister Modi | India confident of getting into NSG, says External Affairs Minister Sushma Swaraj | India is working with China to win support | India will not oppose any country's membership proposal, EAM told a news conference |

Home

Editorial

IAE launches new engine in India

Published : November 2008

New Delhi. Leading aircraft engine maker International Aero Engines (IAE) launched its new engine into commercial service with Indian carrier IndiGo, claiming it would enable considerable saving of jet fuel and reduce costs.
“These engines will reduce fuel burn and lead to savings of about Rs four lakh per month per aircraft,” IndiGo CEO Bruce Ashby said. The IAE claims its Selectone engines deliver “an additional one percent fuel burn advantage.” IndiGo had placed the single largest order for the V2500 engines along with its 100 Airbus A-320 aircraft order in 2005. The value of the IAE engine deal alone was $1.7 billion at list prices. This new V2500 engine build standard, which delivers an additional one percent fuel burn benefit, was delivered on schedule, maintaining the programme’s unparalleled record for meeting its deadlines. Aircraft level certification, EASA CS-25, was achieved in July this year, following FAR33 engine level certification in December 2007.

Ashby said his airline required “world class and dependable” engines to power its fleet to perform on-time. Low cost carrier IndiGo’s Airbus A-320 aircraft, fitted with the brand new V2500 Selectone engines, have been put on sectors like Jaipur-Ahmedabad, Jaipur-Chennai (via Mumbai) and Jaipur- Guwahati (via Kolkata) as well as between Ahmedabad and Bangalore, Pune and Kolkata.

The aircraft, registration VT-INV, which is leased from Australia’s Allco Finance Group, was handed over to IndiGo at the Airbus facility in Toulouse before flying to its new home base in Delhi, India. IAE President and CEO, Jon Beatty, said: “In many ways, today is the final chapter in an incredible journey with the SelectOne™ development program, yet it is the start of another as we enter into service. IndiGo is an ambitious and forward-thinking organization that recognized the value that V2500SelectSM and the V2500 SelectOne engine would have for airlines, so it is a fitting recipient of the first aircraft.”

US-based IAE’s Vice President (Customer Business) Ian Aitken said his company was a market leader in India with “over 80 percent of the A-320 fleet in service or on order with Indian carriers being powered by the V2500 engines.” As on date, IAE, with its engine orders, would power over 285 aircraft in India. While the IAE engines power 84 percent aircraft delivered to Indian carriers so far, its V2500 engines would be fitted on to 82 percent of the aircraft to be delivered. Observing that his company had served the Indian market for over 25 years, including the A-320 fleet of the erstwhile Indian Airlines, he said the new engines could be fitted on to the A-319s, A-320s and A-321s, which were in the process of being acquired by Indian carriers including the stateowned carrier.

The US-based IAE is a 25-year old multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Rolls Royce, Japanese Aero Engines Corporation and MTU Aero Engines. This year it is celebrating the 25th Anniversary of the formation of the company. It competes with another major engine manufacturer, CFM, the company Vice President said.

“IAE has 170 customers across 56 nations with over 3,500 engines in service. It is estimated that one aircraft with V2500 engines takes off or lands in any part of the world every three seconds,” Aitken said.

Aitken also said his company was interested in pursuing investment opportunities in India to establish jet engine shops, though the existing manufacturing units were enough for the moment to take care of 2,000 engine order backlog.

In 2005, IndiGo placed the single largest order for the V2500 when it purchased engines for a fleet of 100 A320s, supported by a comprehensive V2500SelectSM aftermarket agreement. The value of the engine deal alone was $1.7 billion at list prices. The 22,000-33,000lb of thrust V2500 is available in seven thrust settings to power the Airbus A319, A320 and A321 family of aircraft as well as the Airbus Corporate Jetliner. More than 5,000 V2500 engines are in service or on firm order.

The SelectOne build standard delivers an additional one percent fuel burn advantage, along with a corresponding reduction in CO2 emissions. It will improve timeon-wing by up to 20 percent, and demonstrate compliance with the most stringent CAEP/6 NOx standards.

IAE International Aero Engines also announced that Hong Kong’s BAA Jet Management Ltd. has selected the V2500 to power three Airbus Corporate Jets (ACJ) under its management. All of the engines will be covered by an ExecSelectSM aftermarket support program tailored specifically for corporate jet operators.

Ricky Leung, Managing Director at BAA, said: “The V2500 is the proven technology leader on the Airbus A320 family, providing our clients with significant advantages in terms of reliability, fuel burn and environmental performance.

Combined with ExecSelectSM Program services, a truly comprehensive support package, we feel that our customers have the best engine solution for their jets. IAE also impressed us with its responsiveness and its ability to tailor its services to the unique corporate jet environment particularly in Asia.”

IAE Executive Vice President Customers Ian Aitken added: “We’ve worked closely with BAA Jet Management Ltd. to deliver a solution that really works for their customers. The V2500 addresses the key concerns of corporate jet operators in terms of operating costs and environmental impact. With full aftermarket support provided by IAE, the residual value of their engine assets is also sustained, giving customers security in their investment.”

BAA Jet Management Ltd. with offices in Hong Kong, Shenzhen and Beijing, China is one of the leading aviation companies in Asia, specializing in aircraft charters and management, flight support services, aircraft sales and acquisition.

The 22,000-33,000lb of thrust V2500 is available in seven different thrust settings to power the Airbus A319, A320 and A321 Family of aircraft as well as the Airbus Corporate Jetliner. More than 5,000 V2500 engines are in service or on firm order. At the Farnborough International Airshow in July, the V2500 was selected for an ACJ owned by Hong Kong Airlines. The IAE engine has been selected to power a total of 25 ACJs.

The SelectOne™ build standard delivers an additional one percent fuel burn advantage, along with a corresponding reduction in CO2 emissions. It will improve timeon-wing by up to 20 percent, and demonstrate compliance with the most stringent CAEP/6 NOx standards. It entered service this month.