Rolls-Royce & Partners Finance Receive Pure-V™ Recognition
FARNBOROUGH, England, July 15, 2014
FARNBOROUGH, England, July 15, 2014 /PRNewswire/ --FARNBOROUGH AIRSHOW --IAE
International Aero Engines AG awarded Rolls-Royce & Partners Finance Limited
(RRPF) with Pure-V designation for maintaining its fleet of V2500® spare
engines to OEM build standards and incorporating only IAE-approved parts and
"We are proud to earn the Pure-V designation," said Bobby Janagan, vice
president and general manager, RRPF. "Our Pure-V engines help drive high
operational efficiency, maintain low cost of ownership, and give our customers
confidence that our engines are maintained to the highest standards."
"Pure-V engines have demonstrated better reliability and longer time on-wing,"
said Matthew Bromberg, president, Pratt & Whitney Aftermarket. "RRPF will
enjoy the operational and financial value that the Pure-V program offers."
IAE's records have shown that engines maintained to OEM standards consume less
fuel, have fewer unscheduled removals and have up to 20 percent longer time
on-wing between shop visits. Approximately 60 percent of the V2500 fleet
qualifies as Pure-V.
Pure-V designation is important to lessors as their business is built around
reliability and asset value retention. Today, approximately 50 percent of the
V2500 fleet is lessor owned or managed.
IAE's Pure-V engine program is designed to help operators and lessors enhance
residual values for their V2500 engines. The program rewards operators who
maintain OEM build standard engines with extended warranties on parts. IAE can
also provide a customized conversion kit for engines that do not currently
meet the Pure-V standard.
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 6,000 V2500® engines have been delivered to close to 200 customers around
Pure-V™ is a trademark of United Technologies Corporation – Pratt & Whitney
and is licensed to IAE International Aero Engines AG.
For more information on Pure-V™ visit: http://www.pure-v-engine.com
IAE International Aero Engines AG: www.i-a-e.com
Pratt & Whitney
+1 (860) 565-8220 - Office
+1 (860) 970-5712 - Mobile
SOURCE Pratt & Whitney
Press spacebar to pause and continue. Press esc to stop.