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Rolls-Royce takes $200 million share of Spirit V2500 deal

Analysis

Spirit Airlines¹ selection of the V2500 to power 30 Airbus A319 aircraft has

provided Rolls-Royce with $200 million as its share of the order.

The Florida-based airline has already selected the V2500 to power its existing fleet of 25 A319s and six A321s. Deliveries of the new aircraft are due to begin in 2009.

The V2500 is produced by the International Aero Engines consortium (IAE) in which Rolls-Royce is a senior shareholder. In addition to Rolls-Royce, IAE¹s 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 100 customers to date and there are more than 5,000 engines currently on order.

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