Rolls-Royce Share of Turkish Airlines V2500 Order Worth Up to $170 M

(February 3, 2010) -- Rolls-Royce, the global power systems company, has won a share of an order from Turkish Airlines (THY), the national carrier of Turkey, for V2500 engines to power 20 firm and 10 option Airbus A320 family aircraft. The order is worth up to $170 million to Rolls-Royce.

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 aircraft, scheduled for delivery between 2011 and 2013, will be used to facilitate growth in the THY network. The airline currently operates a fleet of 45 IAE-powered aircraft. The 20 firm aircraft comprise six A319s and 14 A321s.

Source : Rolls-Royce Plc (LSE: RR.L)