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P&W Wins $166 M for V2500 Engines from AWAS
(Farnborough, July 18, 2008) -- AWAS Aviation Trading Limited has selected the International Aero Engines V2500 to power 30 Airbus A320 family aircraft. At list price, the deal is worth more than $166 million to Pratt & Whitney. Pratt & Whitney, a United Technologies Corp. (NYSE: UTX) company, is a major participant in International Aero Engines (IAE).
AWAS currently owns a fleet of 29 A320-family aircraft powered by the V2500. The aircraft are due to be delivered between 2011 and 2015. With offices in New York, Miami, Dublin and Singapore, AWAS is one of the world's leading aircraft leasing companies.
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