International Aero Engines (IAE) is at an all-time high in terms of production capacity, it said, producing nearly two engines a day, with more than 5,000 engines produced to date and another 2,000 in backlog. More than 4,000 of its engines are in service with an average age of six years, with 60% of this fleet managed under IAE’s V-Services agreement. V-Services represents more than $15 million backlog on over 3,700 engines in the portfolio, it said. “As we complete the ...

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