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Rolls-Royce Gets $250 Million Share In China Southern Airlines Deal

LONDON -(Dow Jones)- Rolls-Royce Holdings PLC (RR.LN), a global power systems company, has won a share of an order from China Southern Airlines for V2500 engines to power 30 Airbus A320 aircraft. MAIN FACTS: -The contract includes a long-term engine maintenance agreement. -The value of the contract to Rolls-Royce is over $250 million. -The V2500 is produced by the International Aero Engines consortium or 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 - 33,000 pounds thrust V2500 powers the Airbus A319, A320 and A321 family of aircraft as well as the Airbus Corporate Jetliner. -Nearly 6,500 V2500 engines are in service or on firm order worldwide. -Shares at 1414 GMT down 4.0 pence, or 0.7%, at 594.5 pence. -By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411;

Stock News for China South Air (ZNH)
09/14/201511:25:18Report of Foreign Issuer (6-k)
09/14/201509:30:07Report of Foreign Issuer (6-k)
09/14/201508:54:47Report of Foreign Issuer (6-k)
08/31/201512:20:33Report of Foreign Issuer (6-k)
08/28/201511:07:57Report of Foreign Issuer (6-k)
08/13/201508:15:55Report of Foreign Issuer (6-k)
08/11/201517:50:53ADRs End Lower; Miners, Steelmakers Among Decliners
07/13/201518:36:31ADRs End Higher; Chinese Firms Rise
07/08/201511:39:40Report of Foreign Issuer (6-k)
07/08/201511:26:09Report of Foreign Issuer (6-k)
07/08/201511:19:59Report of Foreign Issuer (6-k)
07/06/201517:47:37ADRs End Lower; Financial Firms Decline
06/30/201512:03:45Report of Foreign Issuer (6-k)
06/23/201513:12:31Confidential Treatment Order (ct Order)
06/10/201515:27:09Report of Foreign Issuer (6-k)
05/15/201506:09:04Report of Foreign Issuer (6-k)
05/12/201506:07:03Report of Foreign Issuer (6-k)
05/04/201515:21:54China Southern Airlines Co Lifted to "Buy" at Zacks (ZNH)
05/04/201510:59:51Report of Foreign Issuer (6-k)
05/01/201514:39:36Zacks Lowers China Southern Airlines Co to Hold (ZNH)

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