Rolls-Royce Wins $230 Million Share Of Air China Order

Date : 06/15/2009 @ 9:06AM
Source : Dow Jones News
Stock : Voya Asia Pacific High Dividend Equity Income Fund Ing Asia Pacific High Dividend Equity Income Fund of Beneficial Interest (IAE)
Quote : 10.58  0.06 (0.57%) @ 2:21PM

Rolls-Royce Wins $230 Million Share Of Air China Order

Rolls Royce Holdings (PC) (USOTC:RYCEY)
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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.

MAIN FACTS:

-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; ian.walker@dowjones.com 
 
 
 

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