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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
05/09/201309:33:33China 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
04/13/201217:08:29ADR Report: Shares Lower As European Banks Weigh
02/28/201217:06:22ADR Report: Shares Higher On Strong Earnings Reports
02/28/201206:37:24China Southern Agrees To Buy 10 Boeing 777-300 Aircraft
10/18/201100:21:09China Southern: See Further Delays In First Boeing 787 Dreamliner...
10/14/201106:16:31Airbus Delivers First A380 Superjumbo To China Southern Airlines
06/20/201110:49:34Rolls-Royce Gets $250 Million Share In China Southern Airlines...
06/06/201100:41:38IATA: China Southern Chairman: Expect To Carry 12% More Passengers...
05/31/201106:19:10China Southern To Buy Six Boeing 777 Freighters
05/09/201106:19:23Airbus Will Supply Service To Southern China's A-380 Aircraft
04/14/201113:52:09Kenya Airways Reaches Deal With Boeing Over 787 Delivery
04/11/201113:35:05Royal Air Maroc Expects First 787 This Year - Minister

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