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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; zechariah.hemans@dowjones.com

Stock News for China South Air (ZNH)
DateTimeHeadline
05/21/201409:27:13Chinese Commercial Plane Maker Faces Delays
05/16/201416:55:55ADR Shares End Higher; Total, Baidu Shares Active
05/16/201408:00:14China Southern Airlines to Buy 80 Airbus Aircraft
05/16/201407:22:41China Southern Airlines to Buy 80 Aircraft from Airbus
03/28/201416:51:17ADR Shares End Higher; Aviva Shares Active
03/10/201410:34:44China's Rules for Transit Passengers Are Spotlighted
11/21/201317:27:46ADR Shares End Mixed Amid China Data
07/04/201303:42:06Hainan Air Takes Delivery of First Boeing 787 Aircraft
06/17/201307:34:14AIR SHOW: China Southern Airlines Opts for Pratt & Whitney Engines
05/23/201307:50:08Boeing Scores China Clearance for Dreamliner
05/23/201303:41:12China Regulator Grants Airworthiness Certificate for Boeing 787s...
05/09/201309:33:33China Southern, Air China Shelve Talks on Joint Airbus A380 Flights
05/09/201304:43:41China Southern Shelves Talks With Air China for Joint A380 Flights
05/07/201309:41:04Air China's Board Approves Plan to Buy 100 Aircraft from Airbus
04/05/201317:20:34ADR Shares End Mixed After Disappointing US Jobs Report
04/03/201313:10:16China Spurs Rebound in Airline Growth
12/06/201204:42:23Hong Kong Airlines May Scrap All of Its A380 Orders
12/05/201205:15:38China Southern Buys 10 Airbus A330-300 Aircraft to Boost Capacity
08/03/201206:33:03China Southern: Unit Xiamen Airlines to Buy 40 Boeing 737 Aircraft
06/04/201217:38:15ADR Report: Shares Inch Up as European Bank Stocks Rebound

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