IAE International Aero Engines AG is a Zürich-registered joint venture aero-engine manufacturing company. It was founded during 1983 specifically to develop an aircraft engine to address the 150-seat single aisle aircraft market, the V2500 turbofan. Produced in collaboration between four of the world’s leading aero engine manufacturers, this engine has become 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. At one stage, IAE was also engaged in the development of the SuperFan, a geared turbofan derived from the V2500; however, work on this project was terminated during the late 1980s. During 2011, an extension agreement was signed between the partner nations to c