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International Aero

Engines

IAE International Aero Engines AG is a


Zürich-registered joint venture
manufacturing company founded in 1983
to develop an aircraft engine to address
the 150-seat single aisle aircraft market.
The collaboration, between four of the
world’s leading aero engine
manufacturers, produced the V2500 –
the second most successful commercial
jet engine program in production today in
terms of volume, and the third most
successful commercial jet engine
program in aviation history.[1]
International Aero Engines

Type Joint venture

Industry Aerospace

Founded 1983

Headquarters East Hartford,


Connecticut, United
States
Products Aircraft engines

Owners Pratt & Whitney (25%)


Pratt & Whitney Aero
Engines International
(25%)
MTU Aero Engines
(25%)
Japanese Aero Engine
Corporation (25%)

Website i-a-e.com
History
The original collaboration involved Pratt
& Whitney of the United States, Rolls-
Royce plc of the United Kingdom,
Japanese Aero Engine Corporation of
Japan and MTU Aero Engines of
Germany. FiatAvio withdrew as a
shareholder of the program early on, but
the now-renamed Avio still remains as a
supplier. The "V" product nomenclature
remains as a legacy of the five original
shareholders.

In October 2011, Rolls-Royce agreed to


sell its 32.5% stake in the company to
Pratt & Whitney's parent company, United
Technologies (UTC), giving UTC a
combined equity ownership share of
49.5% (which is different from UTC's total
program share in the IAE collaboration,
which stands at 61%). The transaction
was completed on 29 June 2012.[2]

Rolls-Royce remains a major supplier to


IAE. They and Pratt & Whitney had
proposed a new joint venture to develop
engines for future generation mid-size
aircraft (120-230 passengers),[3] but the
collaboration was subsequently
abandoned.[4]
An Airbus A320-232 with V2500 engines

IAE had developed the abortive SuperFan


for the Airbus A340.

IAE's current purpose is the development,


production and aftermarket services of
the V2500 aero engine family, which
powers the Airbus A320 family and
McDonnell Douglas MD-90 aircraft. IAE
also supplies the V2500-E5 to power the
Embraer KC-390 military transport
aircraft, the first military application of
this engine. [5] The IAE V2500 turbofan is
one of the most successful high bypass
ratio engines in the world. Its direct
competitor is the CFM International
CFM56.

Shareholders
Current shareholders are:

Company Country Interest

Pratt & Whitney United States 25.00%

Pratt & Whitney Aero Engines International GmbH Switzerland 24.50%

MTU Aero Engines Germany 25.25%

The Japanese Aero Engine Corporation, consisting of:


Kawasaki Heavy Industries
Japan 25.25%
Ishikawajima-Harima Heavy Industries

Mitsubishi Heavy Industries

Products
IAE V2500

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