IAE Inks New Engine Deal With CALC

IAE Inks New Engine Deal With CALC 
PARIS -- (Marketwired) -- 06/18/13 --   Paris Air Show -- China
Aircraft Leasing Company Ltd. (CALC) has entered into an agreement
under which IAE International Aero Engines AG will provide V2500
engines to power 11 new A320 family aircraft.  
The new aircraft are part of CALC's goal to grow its operating
leasing fleet. CALC chose the V2500 to power its new aircraft because
of IAE's strong presence and relationships in China. It is a trusted
and reliable engine with a track record of continuous improvements. 
"We appreciate CALC's selection of the V2500 and look forward to
growing our relationship," said IAE President Jon Beatty. "The V2500
is a proven engine that has demonstrated remarkable performance under
a wide range of operating conditions, including high-altitude
missions. We are proud to have the opportunity to help CALC achieve
its goals."  
Today the V2500 powers a total of approximately 550 A320 family
aircraft in service and on firm backlog in China making it the
segment leader in the region. It has also become the preferred engine
for A321 operators in China with engines on more than 70 percent of
all aircraft. In addition to providing a superior fuel burn advantage
over the competition, it offers improved time on wing (TOW) and the
lowest noise and emissions. 
China Aircraft Leasing Company Limited (CALC) was founded in 2006 and
is headquartered in Hong Kong. It has representative offices in
Beijing, Shanghai, Shenzhen and Tianjin in China, as well as in
Toulouse and Ireland. CALC has a wholly-owned leasing subsidiary in
Tianjin, China. CALC's customers include Air China, China Southern,
Shenzhen Airlines, Shandong Airlines and Chengdu Airlines.  
About IAE: IAE is a multinational aero engine consortium whose
shareholders are comprised of Pratt & Whitney (NYSE: UTX), Pratt &
Whitney Aero Engines International GmbH, Japanese Aero Engines
Corporation and MTU Aero Engines. To date, more than 5,700 engines
have been delivered and more than 1,600 more engines are on order
with close to 200 customers around the world.  
Heather Waldron
Communications Manager 
IAE International Aero Engines AG
mobile 1.860.709.1368
Visit IAE on the web: www.i-a-e.com 
Follow us on Twitter: @IAEengines
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