Rolls Royce Holdings (PC) (USOTC:RYCEY)
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5 Years : From Jul 2012 to Jul 2017
Rolls-Royce Group PLC (RYCEY), the global power systems company, said Monday it has won a $230 million share of an order from Air China for V2500 engines to power a total of 22 Airbus A320 and A321 aircraft.
-The contract includes a long-term service agreement, with aircraft deliveries starting in 2010.
-The V2500 is produced by the International Aero Engines consortium (IAE) in which Rolls-Royce is a senior shareholder.
-IAE's other partners are Pratt & Whitney, the Japanese Aero Engines Corporation and MTU Aero Engines.
-By London Bureau, Dow Jones Newswires; +44 (0)20 7842 9296; email@example.com