International Aero Engines expects demand for new-build commercial V2500 turbofans to hold up for at least another two years as it fights rival CFM International for sales to equip several hundred current-generation Airbus A320-family aircraft.
IAE president Ian Aitken said: "We're still selling like gangbusters on the A320s and I anticipate that will continue for a couple years to come. Of the available market that IAE predicts, there are probably another 700-900 aircraft that will require an engine to be selected before there'll be a natural transition to the Neo aircraft."
The A320 family is offered with a choice of V2500 or CFM56 turbofans, but IAE does not offer an engine for the recently-launched A320neo, which can be equipped with the CFM Leap-1A or Pratt & Whitney PW1100G geared turbofan. IAE is meanwhile being restructured after Rolls-Royce agreed to sell its large minority stake in the venture to P&W, subject to regulatory approval.
"We're prepared to be there as long as the customers want us, and we see that there are going to be customers way out to 2020 still choosing to go with A320s," said Aitken.
The V2500 was last year selected to power the Embraer KC-390 military airlifter.