Pratt & Whitney Share of V2500® Engine Order from ICBC Valued at US$100 Million

ICBC Financial Leasing Co. Ltd, a subsidiary of the Industrial and Commercial Bank of China Ltd. (ICBC), has selected International Aero Engines to provide V2500 engines to power its fleet of 15 new A320 series aircraft. The deal is valued at US$100 million for Pratt & Whitney.

Deliveries will commence in January 2013 and continue into 2015.

View Pratt & Whitney's press release.

Coverage:

• Pratt’s IAE venture, too, cashing in (Hartford Business Journal)