V2500 nets Rolls $250 million

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Rolls-Royce has won business worth $250 million as its share of an order for V2500 aero engines from International Lease Finance Corporation (ILFC).

The US-based aircraft leasing company has chosen the V2500 to power 30 Airbus A320 series twinjets on firm order, plus a further 15 options. The V2500 is produced by the International Aero Engines consortium (IAE) in which Rolls-Royce is a senior shareholder.

ILFC already has 142 V2500-powered aircraft in operation, with a further 63 on firm order. With a range of thrust from 22,000lb -33,000lb, the V2500-A5 is available to power the Airbus A319, A320 and A321 as well as the A319 Corporate Jet.

In addition to Rolls-Royce, IAE's partners are Pratt & Whitney of the United States, the Japanese Aero Engines Corporation and MTU Aero Engines of Germany.

More than 1,300 V2500-powered aircraft have been delivered, with the fleet worldwide having accumulated over 33 million flying hours.