IAE AG and FTAI Aviation Sign Strategic V2500® Engine Maintenance Services Agreement

Core Viewpoint - FTAI Aviation Ltd. has entered into a five-year EngineWise maintenance services agreement with IAE International Aero Engines AG for the V2500 engines, which includes over 100 full performance restoration shop visits, highlighting the engine's reliability and value in the aviation market [1][2]. Company Overview - FTAI Aviation focuses on engine leasing and currently owns over 140 V2500 engines, with plans to expand its portfolio to 200 by 2025 [6]. - The company provides cost savings and flexibility to its airline, lessor, and maintenance, repair, and operations customer base through its proprietary portfolio of products [4]. Engine Performance and Maintenance - The V2500 engine is recognized for its fuel efficiency, offering up to a 3% fuel burn and emissions advantage over previous generation engines, and is utilized in commercial, cargo, and military aircraft [7]. - IAE, a consortium that includes Pratt & Whitney, operates a global network of 13 facilities for maintenance, repair, and overhaul of the V2500 engine, ensuring comprehensive support for fleet performance [3]. Strategic Collaboration - The partnership between FTAI and IAE aims to optimize fleet performance and extend the life of the V2500 engine, reflecting a strong demand for this engine type in the coming decade [2][6].