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Re: DewDiligence post# 90

Sunday, 11/15/2009 6:35:30 AM

Sunday, November 15, 2009 6:35:30 AM

Post# of 140
Rolls-Royce in $2bn engine orders
08:59 GMT, Sunday, 15 November 2009

"UK engineering firm Rolls-Royce says it has won orders to make $2bn(£1.2bn) of aircraft engines to power Airbus planes for Air China and Ethiopian Airlines.

"The orders were announced on the first day of the Dubai Airshow on Sunday...

"Best-selling engines

"Airlines have been hit hard during the recession, so the order for engines is welcome news for Rolls-Royce, which has factories in Derby and Bristol making engines, and one in Sunderland making areo-engine components.

"The Ethiopian order means Rolls-Royce has sold more than 1,000 of its best-selling XWB engines.

"The firm has said the XWB is the most fuel efficient and environmentally sensitive large engine design on the market, with fuel efficiency ratings 28% higher than pre-Trent generation engines..."

http://news.bbc.co.uk/2/hi/business/8361064.stm

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