Friday, July 23, 2010

DTN News: Rolls-Royce Inks $1.7 Billion In Airshow Orders

DTN News: Rolls-Royce Inks $1.7 Billion In Airshow Orders
Source: DTN News / Reuters
(NSI News Source Info) FARNBOROUGH, England - July 24, 2010: British aircraft engine maker Rolls-Royce (LSE:RR.L - News) said it secured $1.7 billion in orders at the Farnborough Airshow, including deals for its Trent 700 engine, the leading engine for the Airbus (Paris:EAD.PA - News) A330. Rolls-Royce said on Friday it won orders totaling more than $1 billion for Trent 700s to power 17 Airbus A330s from Russia's Aeroflot and Garuda Indonesia Airlines. Rolls-Royce also signed new service agreements with Sichuan Airlines, and extended service deals with Garuda and Air Transat at the show in south-east England. International Aero Engines, in which Rolls-Royce is a partner, received orders for V2500 engines from Yemenia, China Southern and Vietnam Airlines, with a value to Rolls-Royce of about $470 million, and its defense business won a $70 million contract to support the Canadian Air Force CC-130J fleet. (Reporting by Paul Sandle; Editing by Dan Lalor)
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