Etihad awards engine overhaul contract to IAE

Etihad Airways, the national airline of the United Arab Emirates, has signed a deal which could be worth up to US $200m with International Aero Engines (IAE) to provide a comprehensive engine overhaul and repair service for 14 Airbus aircraft in its narrow-body fleet. The Aftermarket Services agreement covers the Abu Dhabi-based airline's existing fleet of V2500-powered aircraft. The contract covers a total of 30 V2500 SelectOne engines (including two spares) that power 12 A320 and two A319 aircraft, currently in service. All of these engines will be upgraded to the latest V2500 SelectOne build standard during their scheduled overhauls.