- Wall Street Finds Profits by Reducing Mortgages
- Kraft Weighs Higher Cadbury Bid as Rivals Circle
- This Season: Everybody's A Scrooge
- Warren Buffett, Bill Gates 'Walk & Talk' At Columbia
- Senate Democrats at Odds Over Health Care Bill
- What if a Recovery Is All in Your Head?
- 10 Tips to Get Out of Debt
- Thanksgiving Week Stuffed With Economic News
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- U.S. Stocks Slip, Dollar Rises
- How Stock Investors Can Play Holiday Travel
- Time Lapse World Series Is A Great Play
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- My Top 10 Tech Toys for the Holidays
- iPhone a Better Gaming Platform Than Android?
- May Day For Dendreon
- 100% Mortgage Financing From USDA
- Holiday Tipping: Who And How Much
- Report: Ill. prison deal could create 3,000 jobs
- Proposal to merge black schools draws fire
- Promoters have faith in ‘holy hip-hop’
- Real estate agents see return of foreign buyers
- Newspaper circulation may be worse than it looks
- Accounting rule helps boost some newspapers
- Holidays will again test NYC air travel bottleneck
- RI slow to spend millions in stimulus funding
- Rising unemployment taxes could hinder hiring
Rolls-Royce gets $2B engine orders for Airbus jets
DUBAI, United Arab Emirates - Rolls-Royce says it has reached $2 billion worth of deals to sell aircraft engines that will power new Airbus jetliners for Air China and Ethiopian Airlines.
The British engine maker announced the orders Sunday on the first day of the Dubai Airshow.
The Air China order covers Trent 700 engines to power 20 A330 aircraft being delivered starting in 2011. Rolls-Royce says the deal is worth $1.5 billion at list prices.
Ethiopian's order covers Trent XWB engines for 12 A350 XWB planes that will begin service in 2017. Rolls-Royce says that deal is worth $480 million.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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