International Aero Engines (IAE) is not ruling out the possibility of offering a new centreline engine in the future.
The IAE consortium, comprising Japanese Aero Engines, MTU Aero Engines, Pratt & Whitney (P&W) and Rolls-Royce, provides the V2500 engine that powers Airbus A320 family aircraft. But it is not playing a role in Airbus' re-engined A320neo programme after members failed to reach consensus on offering the P&W PW1100G geared turbofan to the European airframer through IAE.
The A320neo decision does not preclude IAE from participating in future programmes. "The shareholders will always consider IAE a valid option going forward, as it has been very successful and therefore - if the timing is right and the business case is right - there is every reason why IAE would be considered a viable option for placing a new centreline engine into this consortium," IAE president and CEO Ian Aitken told ATI during a 2 June interview.
IAE continues to improve its V2500 engine, and is offering a SelectTwo upgrade, available in early 2013, that improves the fuel burn performance by more than half a percent, and, when added to new 'sharklets' for the A320 family, "makes a very good value proposition for new customers", said Aitken.
One of the big benefits to customers of being a consortium of four, he added, is that "it gives us a huge network out there because we are able to pull upon the four shareholders across the globe in terms of all the support services. So we are able to offer something that no one engine company can do alone - we call upon those services as we see fit.
"We can pick technologies and research and development that are the best of the best. What we end up with is an excellent programme, which in a recent independent survey placed IAE as the number one engine supplier to do business with. That's just one survey - but it is an independent survey - which makes us very proud."