[1] 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.

[1] During July 1986, IAE confirmed to conduct a preliminary design study for a concept examining a high-bypass engine which used the V2500 core components.

[4] Due to the application of existing technology, the costs as well as the risks for the SuperFan development program were appraised lower than those of the competing CFM56-5 engine.

[10] By 2003, IAE's 20th year of operation, the consortium's V2500 engine was reportedly in service with in excess of 80 airlines around the world, totalling nearly 900 aircraft; the worldwide fleet had also surpassed 24 million cumulative flying hours.

[11] During the following year, the consortium was reportedly seeking to boost the output rate of the V2500 to meet strong demand from the civil sector of the market.

[13] During early 2011, IAE announced a commitment to developing a new generation of the V2500 engine, referred to as SelectTwo, along with the provision of substantial support and continued investment in the family.

The modifications were described by aerospace periodical Flight International as "unambitious", being mainly restricted to software improvements to the electronic engine control system.

[14] Plans for a further upgrade, designated as SelectThree, were also being discussed amongst the consortium's partner companies; an agreement to extend their partnerships through to 2045 has also been finalised that same year.

During 2011, both Rolls-Royce and Pratt & Whitney proposed establishing a new joint venture to develop engines for future generation mid-size aircraft (120-230 passengers);[16] however, during late 2013, it was announced that the two firms had decided to forego such a collaboration in favour of their own independent operations.