It does not receive public funding
Editor in chief:

Facebook Twitter Youtube Instagram LinkedIn

Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Aircraft and finance: Rolls-Royce closes sale of its share in IAE for 1.5 billion dollars

Derby, United Kongdom - The purchaser is Pratt & Whitney, which rises its share in the joint-venture to 65%

Rolls-Royce, English firm operating in the aerospace sector, concluded the sale of its stake in the International Aero Engine (IAE) joint-venture, which produces the V2500 turbofan engines, installed on several models of aircraft, like the Embraer's KC-390. The share was sold for 1.5 billion dollars (roughly 1,19 billion Euro) to the American company Pratt & Whitney, which then doubles its equity...

AVIONEWS - World Aeronautical Press Agency - 1142868

AVIONEWS - World Aeronautical Press Agency