Turkish Airlines signs $560-million engine deal

ISTANBUL

Turkish Airlines has ordered V2500 engines from IAE for its 25 new A321 aircrafts.

Turkish Airlines has reached a $560-million agreement with U.S. engine manufacturer Pratt & Whitney to power its 25 new A321 aircrafts.

Turkish Airlines has ordered V2500 engines from IAE to power 25 new A321 aircrafts, bringing the total number of V2500-powered A320 aircrafts in their fleet to 110, a press statement released Feb. 11 said.

“We value our long-standing relationship with IAE and are very pleased with the reliability of our V2500 engines,” Temel Kotil, CEO of Turkish Airlines, was quoted as saying in the statement. “This engine supports our mission to become the preferred leading European air carrier with a global network.”
Aircraft deliveries will commence in 2015 and continue through 2017.

“We are proud that Turkish Airlines, one of Europe’s fastest growing airlines, has once again shown its confidence in the V2500 engine for their A320 aircraft,” said Dave Brantner, president, Pratt & Whitney Commercial Engines. “We look forward to continuing our relationship with them.” IAE is a multinational aero engine consortium whose shareholders comprise of Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines.