Rolls-Royce gains $100m share

Rolls-Royce has secured business worth up to $100m as its share of an order for V2500 engines and aftermarket services from Singapore-based Tiger Airways.


Rolls-Royce has secured business worth up to $100m as its share of an order for V2500 engines and aftermarket services from Singapore-based Tiger Airways, one of Asia’s leading low-cost carriers.


The airline has selected the V2500 to power a new fleet of eight A320-family twinjets. This latest selection is in addition to a further eight aircraft it already operates.


It has also become the first Asian carrier to opt for the V2500SelectSM aftermarket support programme and has also extended this agreement to cover its existing fleet.


The V2500 is produced by the International Aero Engines consortium (IAE) in which Rolls-Royce is a senior shareholder. 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.


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. More than 1,300 V2500-powered aircraft have been delivered to over 120 customers to date and there are more than 5,000 engines delivered or on order.