Jetstar places massive V2500 order

International Aero Engines announced a V2500 SelectOne order from Jetstar Airways worth up to $1.5 billion comprising engines for 50 A320 family aircraft plus 40 options and purchase rights. Jetstar also signed a $2 billion IAE Aftermarket Services agreement covering the newly ordered engines plus those already operating on 40 current aircraft. Rolls-Royce said its share of the order was valued at up to $1.2 billion and Pratt & Whitney said its share "could exceed" $1 billion, including the aftermarket agreement.