Rolls-Royce books $260 million share of China Eastern order
Monday, 18 June 2007
Rolls-Royce has won a $260 million share of an order from China Eastern Airlines for V2500 engines to power 30 Airbus A320 series aircraft. The order includes a long-term V2500Select aftermarket agreement.
The V2500 is produced by the International Aero Engines (IAE) consortium in which Rolls-Royce is a senior shareholder.
The order extends IAE’s links with China Eastern, which, for the past ten years, has been operating MD-90 airliners powered exclusively by the V2500.
The 22,000-33,000lb thrust V2500 is available for A319, A320 and A321 aircraft as well as the A319 Corporate Jet.
Rolls-Royce engines are in service with ten Chinese airlines, including those based in Hong Kong and Macao.
Rolls-Royce has been present in China for more than 40 years. China is a significant market for the company’s aviation, marine and energy businesses, and an important manufacturing partner. Rolls-Royce has offices in Beijing, Shanghai, Dalian and Hong Kong, and recently opened a new marine facility in Shanghai. It is involved in two joint ventures – Hong Kong Aero Engine Services Ltd. (HAESL), and Xian Rolls-Royce Aerocomponents (XRA).
Rolls-Royce is working with the CAAC on the Senior Executives ‘Top 300’ development programme, which marked its tenth anniversary with the signing of a 10-year extension.