The International Aircraft Engine Association (IAEA) was formed as a global trade organization to represent the interests of aircraft engine manufacturers, operators, and service providers. The IAEA aims to standardize engine contracts and organize engine expositions. It will also serve as an online marketplace for engine sales and leases. The non-profit hopes to address common industry issues through working teams focused on areas like ownership, operations, and training. Founding individual members in 2012 will receive future exclusive benefits, while corporate sponsorship will support the IAEA's growth.

1. Aircraft Engine Industry Forms Trade Association
Los Angeles, California – February 01, 2012 -- The International Aircraft Engine
Association, a global trade organization, was formed to represent the worldwide interests of
aircraft engine manufacturers, operators and providers of overhaul, repair, training and
consulting services.
Hooman Rezaei, IAEA’s founder and president, firmly believes the aircraft engine community
needs an international organization that brings together the diversified aviation community and
provides a platform for collaboration among different facets and interests in the industry.
“The International Aircraft Engine Association is the first trade organization dedicated to
providing this global industry with a range of services, from an online marketplace to operating
certification training programs,” said Rezaei. “With more than 5000 professionals from around
the world participating in the Association’s Linkedin group, the interests of the aircraft engine
community demand representation that addresses the ongoing challenges.”
Since the inception of jet propulsion in the 1930s, millions of passengers have been flying
around the world on aircraft powered by variety of engine models. Aircraft engines fly under
several aircraft tail numbers during their life cycle causing significant changes in the aircraft
value at every installation. Today, some 80,000 commercial engines are in service with firm
orders for another 14,000 and maintenance market segment in excess of $20 billion.
Until the formation of IAEA, there has been no single trade organization that worked to
standardize engine trade and maintenance contracts or organized a consolidated engine
exposition similar to the International Paris Air Show for aircraft. The association will also be a
market place for aircraft engines, making engines available for trade or lease on an online listing.
The International Aircraft Engine Association will have working teams addressing industry’s
common issues in specific areas of ownership; operations and maintenance; consulting services;
and training certification programs. IAEA will also be a forum for the exchange of news and
event information of interest to the industry with an exclusive journal publication.
The 2012 individual membership is complimentary and will be considered founding members
with future exclusive privileges and discounted membership. Corporate and airline membership
and sponsorship will be the foundation of IAEA’s growth in scope and content. Corporations and
individuals interested in participation in working groups, listing assets and career opportunities
are encouraged to contact with their requests.
Contact
Email: info@turbineengine.org
Telephone: +1-310-266-5514
IAEA Web & Membership Request: www.turbineengine.org
Follow IAEA on Twitter: @IAEA1
Linkedin: International Aircraft Engine Association