Rolls-Royce Completes IAE Restructuring | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 08.17.17

Airborne 08.21.17

Airborne 08.22.17

Airborne 08.23.17

Airborne 08.17.17

Airborne 08.18.17

Airborne-Unmanned 08.22.17

Airborne-YouTube

AMA 08.17.17

Airborne 08.21.17

Airborne 08.22.17

Airborne 08.23.17

Airborne 08.17.17

Airborne 08.18.17

Airborne-Unmanned 08.22.17

NEW!!! 2017 AirVenture Innovation Preview -- YouTube Presentation / Vimeo Presentation

Tue, Jul 03, 2012

Rolls-Royce Completes IAE Restructuring

Collaboration Produces The V2500 Engine For The A320

Rolls-Royce has confirmed that it has completed the restructuring of its participation in International Aero Engines (IAE) Collaboration, which produces the V2500 engine for the Airbus A320 family of aircraft. Rolls-Royce has sold its equity and program shares in the IAE Collaboration to Pratt & Whitney for a $1.5 billion. In addition to the consideration, which will be subject to working capital adjustments, Rolls-Royce will also receive an agreed payment for each hour flown by the current installed fleet of V2500-powered aircraft for the next fifteen years.

Rolls-Royce says it remains committed to IAE and its customers and continues to be an essential supplier, retaining responsibility for the manufacture of high-pressure compressors, fan blades and discs as well as the provision of engineering support and final assembly of 50 per cent of V2500 engines.

As well as restructuring their participation in IAE, on 12 October 2011, Rolls-Royce and Pratt & Whitney also announced the formation of a new engine collaboration to power future mid-size aircraft, which is subject to separate regulatory approvals. IAE partners, Japanese Aero Engines Corporation (JAEC) and MTU Aero Engines GmbH (MTU), have also agreed to join this new venture. This collaboration will draw on the most advanced technology from these world-class companies to drive enhanced performance for this fast growing segment in which worldwide demand for around 20,000 new aircraft (or nearly 45,000 engines) is predicted over the next twenty years.

(File photo V2500 engine)

FMI: www.rolls-royce.com

Advertisement

More News

ANN's Daily Aero-Term (08.20.17): Maximum Authorized Altitude

Maximum Authorized Altitude A published altitude representing the maximum usable altitude or flight level for an airspace structure or route segment. It is the highest altitude on >[...]

Airborne-Unmanned 08.15.17: Reno Drone Races, DoD CrackDown, Blue Angels v UAV?

Also: Kansas DOT-AirMap, CIRRUAS Drone Program, Daytona Beach PD UAS, Virginia UAS SAR The Reno Air Racing Association has signed an agreement with the MultiGP Drone Racing League >[...]

AMA Drone Report 08.17.17: MULTI-GP Int'l Open, Drone v Chicago, Reno Drone Race

Also: Yuneec Extended Service Plan, UAV on A/C Carrier, Blue Angels Incident, Drone Operator Safety Act MultiGP’s 2017 MultiGP International Open, conducted on the grounds of>[...]

ANN's Daily Aero-Linx (08.21.17)

Aero Linx: Women Military Aviators, Inc. The organization called the Women Military Aviators, Inc. was formed by two groups of women pilots separated by 39 years of history. The fi>[...]

Airborne 08.18.17: NBAA v KSMO, Sully Attacked, DB Cooper Update

Also: New NASA Admin?, Anti-Aviation Hypocrites, Airberlin, Sky Hopper, Drone v Carrier, Jet Aviation, Airman Retires The NBAA joined five other stakeholders to file a brief with t>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC