Kingfisher Airlines selected the V2500 to power its fleet of A320s. At present, the startup has 13 firm aircraft on order with options to purchase a further 20. It also has leased four A320s from debis AirFinance. If all options are realized, value of the deal to IAE is $460 million.

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.