Rolls-Royce shares in engine order

Rolls-Royce announced today that it has won a share of an order to supply V2500 engines to Air New Zealand.

Rolls-Royce announced today, 10 December that it has won a share of an order to supply V2500 engines to Air New Zealand. The V2500 is produced by International Aero Engines (IAE) in which Rolls-Royce is a 32.5 per cent shareholder.

The engines will be used to power 15 Airbus A320 series aircraft, and Air New Zealand has purchase rights for a further 20 aircraft. The additional twinjets could be a mix of types within the A320 family, which can carry between 120 and 220 passengers.

With deliveries scheduled to begin in September 2003, the initial A320s will be operated on routes between New Zealand and Australia, and on Pacific island services.

The IAE partnership comprises Rolls-Royce, Pratt & Whitney of the United States, the Japanese Aero Engines Corporation and MTU Aero Engines of Germany. The V2500 powers the A319, A320, A321, A319 Corporate Jet and the MD-90.