Rolls-Royce gains $160 million share of follow-on Kingfisher order
LONDON (Rolls Royce) - Rolls-Royce has secured a $160 million share of a follow-on order for V2500 aero engines from Kingfisher Airlines, the company said today at the Dubai Air Show.
Kingfisher, one of India's leading low cost carriers has again selected the V2500 to power up to 30 Airbus A320 family aircraft. The order value for installed engines is worth more than $500 million to IAE.
The airline already has 17 V2500 powered Airbus A320 family aircraft either in service or on order.
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, with the fleet worldwide having accumulated over 33 million flying hours.