Airbus will offer new engine options on its A320 single-aisle family of aircraft to customers, which it says would deliver fuel savings of up to 15 percent.
Lowering fuel consumption would mean lower airline operating costs. The new engines would also reduce greenhouse gases and engine noise, Airbus said.
Airbus customers can choose between CFM International’s Leap-X engine or Pratt & Whitney’s PurePower PW1100G engine being developed for the aircraft.
Deliveries of the A320neo, which stands for new engine option, are expected to begin in spring 2016.
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The option also includes large wingtips Airbus calls sharklets that would result in at least a 3.5 percent lower fuel burn over longer trips. The first A320 with sharklets is expected to be delivered at the end of 2012.
Airbus sees a market potential for 4,000 A320s with the new engines over the next 15 years, it said.
The new engine option will be offered on the Airbus A321, A320 and A319 models, which will require limited modifications primarily to the wing and pylon area, the company said.