Kifisia - Aegean Airlines, the largest airline operator of Greece, chose Pratt & Whitney's Geared Turbofan to power its 62 Airbus A320neo.

In line with its fleet expansion and renewal strategy, Aegean Airlines has placed an order for 42 Airbus single-aisle aircraft this year in March. The order is valued at $5 billion (4.36 billion euros) at list price.

The order agreement was the largest deal ever signed by a Greek airline and one of the immense investments by a private Greek entity in recent years.

Aegean Airlines stated that Pratt & Whitney's PW1000G engines would have been used for 30 firm orders along with 12 options, and up to 20 A320neo leased from the lessors.

We selected the Pratt & Whitney GTF engine to provide our passengers with the newest and most advanced technology available for our new Airbus aircraft,
said Eftichios Vassilakis, Chairman at Aegean Airlines.

According to the agreement, the American engine manufacturer will also provide a long-term engine maintenance service for the Greek operator.

The order agreement with Airbus is part of a fleet expansion and renewal program, which has been planned to take place between 2020 and 2025.