Allegro is to buy two new aircraft engines from Italian aerospace company Aeroflot.

The deal, to be announced by the company’s president in an interview with Reuters, is for the Allegro A330 and A340-500.

It is expected to be completed within the next two years, and will see Allegro acquire two engines from Italy’s Aerofot for the first time in the history of the company.

The new engines, which are also being used in the Boeing 737 MAX, will be used on the Allegros new JAS 391, the second aircraft in the new A380 line, and the first new aircraft in its fleet since the mid-2000s.

Aircraft engine deals usually take several years to finalise, but the deal is expected in a matter of weeks, said Antonio Giordano, chief executive of the aerospace industry trade body AeroEurope.

Giordano said the engines were already being used on Italian military aircrafts.

“We have to see how it will play out,” he said.