Air China will receive $233m of V2500 engines from International Aero Engines for its fleet of A320-family aircraft, the engine supplier announced at the Paris Air Show.

The contract order covers engines for 22 aircraft that include A300s and A321s.

The V2500s, which came into service in 2008, increases fuel savings by 1%, improves time on wing by up to 20% and also reduces CO2 emissions.

The engines have a range of seven different thrust settings from 22,000lb to 33,000lb to power the Airbus A320 family of aircraft.

Presently, about 370 V2500-powered aircraft are in service or have been ordered from the greater China region.

IAE is an aero engine consortium with shareholders Pratt Ű Whitney, Rolls-Royce, the Japanese Aero Engines Corporation and MTU Aero Engines.