Page 2 - MRO Business Today 15th June 2024 Issue for Website

ENGINES

ready in uncertain geopolitical times.” development, manufacture and sup- uisites for diverse large remote carrier
Dr. Dirk Geisinger, Chairman of Rolls- port of a Wingman Engine featuring designs. Leveraging the Advance2
Royce Deutschland, and Carlos Alzola, high levels of design maturity and core demonstrator, renowned as the
Managing Director of ITP Aero, officially competitive operating and maintenance most potent and efficient core engine
signed the MoU on June 5, 2024. The costs. This project represents a unique technology in its category, the engine
ceremony was attended by representa- opportunity to develop a true European concept draws upon existing applica-
tives from the Ministries of Defence state-of-the-art propulsion solution for tions powering both commercial and
of both nations, government officials, large remote carriers aimed to support military platforms. As the foundation
politicians, and industry leaders. This the operations of existing and future of the Pearl business jet engine family,
event celebrated the joint initiative to systems in contested environments. the Advance2 core has already dem-
develop a European power and propul- I am convinced that our cutting-edge onstrated its exceptional competitive-
sion solution, highlighting the excep- technologies and capabilities will ness and has been chosen to propel
tional engine design and manufacturing significantly benefit this engine’s five aircraft models across different
capabilities of Germany and Spain. propulsive system, lowering operating manufacturers.
Alfredo Alonso, Head of Export & and maintenance costs and reducing This defense application capitalizes on
New Business Defence at ITP Aero development time.” substantial investments made by both
said, “We are excited to continue our The Wingman Engine represents a Eu- companies in civil and dual-use tech-
long-standing collaboration with Rolls ropean solution adept at meeting the nologies, resulting in a cost-effective
Royce Deutschland for the design, development and product cost prereq- European solution

IAE AG, FTAI Aviation Sign of standalone engines and unique
maintenance products to support their
V2500 Engine MRO Agreement fleets. Currently, FTAI owns over 140
V2500 engines and aims to expand its
portfolio to 200 by 2025.
The agreement includes over 100 restoration visits, enhancing FTAI’s Joe Adams, CEO, FTAI Aviation, said
V2500 engine fleet with IAE’s global support. “We look forward to collaborating with
IAE to restore these engines together,
we are committed to the V2500 engine
and see tremendous demand for it
in the next decade. Teaming up with
IAE allows us to extend the life of the
V2500 fleet, while providing flexible
engine power to our airline customers.”
The V2500 engine is the most fuel-
efficient propulsion system in its class,
providing up to a 3% advantage in fuel
burn and emissions compared to previ-
ous generation engines. It is a versatile
engine, powering commercial, cargo, and
military aircraft, with a proven track record
of reliable and efficient performance.
Pratt & Whitney’s EngineWise service
portfolio offers engine operators a
TAI Aviation Ltd. and IAE Interna- Kim Kinsley, president, IAE AG, and vice range of aftermarket services designed
Ftional Aero Engines AG (IAE) have an- president, Mature Commercial Engines to maximize engine performance and
nounced a five-year EngineWise main- at Pratt & Whitney, said “FTAI’s expan- enhance fleet availability.
tenance services agreement for V2500 sion of V2500 offerings is a testament FTAI owns and maintains commercial
engines. The agreement includes over to the engine’s reliability and value to jet engines, with a focus on those for
100 full-performance restoration shop lessors, We are committed to working the A320ceo fleet. FTAI’s proprietary
visits. IAE is a multinational consortium with FTAI on V2500 engine maintenance product portfolio offers cost savings
consisting of Pratt & Whitney, an RTX to optimize fleet performance for FTAI’s and flexibility to its airline, lessor, and
business, Pratt & Whitney Aero Engines customers around the world.” maintenance, repair, and operations
International GmbH, Japanese Aero FTAI Aviation specializes in engine customers. Additionally, FTAI owns and
Engines Corporation, and MTU Aero leasing, innovating the services pro- leases jet aircraft, facilitating the acqui-
Engines AG. vided to operators by offering a range sition of engines at competitive prices

2 15 June, 2024 www.mrobusinesstoday.com