Rolls-Royce wins share of IAE V2500 order from US Airways

Tuesday, 11 December 2007

Rolls-Royce will share in an order from US Airways for V2500 engines to power up to 153 Airbus A320 series twinjets.

The order includes engines for 78 firm aircraft, with a value to Rolls-Royce of over $400 million. Deliveries begin in November 2008.

The V2500 is produced by the International Aero Engines consortium (IAE) in which Rolls-Royce is a senior shareholder. IAE’s other partners are Pratt & Whitney, the Japanese Aero Engines Corporation and MTU Aero Engines.

The 22,000 – 33,000lb thrust V2500-A5 is available on the A319, A320 and A321 family, as well as the A319 Corporate Jet.

More than 1,400 V2500-powered aircraft have been delivered, and the worldwide fleet has accumulated over 50 million flying hours.

  1. Rolls-Royce, a world-leading provider of power systems and services for use on land, at sea and in the air, operates in four global markets - civil aerospace, defence aerospace, marine and energy.
  2. The success of its products is demonstrated by rapid and substantial gains in market share. The company now has a total of 54,000 gas turbines in service worldwide and they generate a demand for high-value services throughout their operational lives.
  3. Rolls-Royce has a broad customer base comprising 600 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 2,000 marine customers including 70 navies, and energy customers in 120 countries. Rolls-Royce is a technology leader, employing 38,000 people in offices, manufacturing and service facilities in 50 countries.
  4. Annual sales total £7.4 billion, of which 53 per cent are services revenues. The firm and announced order book is £26.1 billion, of which aftermarket services represent 38 per cent, providing visibility of future levels of activity.

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