AIRSHOW-Qantas unit signs $3.5 bln order for engines, service

SINGAPORE Fri Feb 5, 2010 2:37am EST

SINGAPORE Feb 5 (Reuters) - Jetstar Airways, a unit of Qantas (QAN.AX), has signed a $3.5 billion deal with International Aero Engines for V2500 engines and long-term services, it was announced at the Singapore Airshow on Friday.

The International Aero Engines consortium groups Pratt & Whitney (UTX.N) together with Rolls-Royce (RR.L), MTU Aero Engines (MTXGn.DE) of Germany and a trio of Japanese heavy engineering companies.

The announcement by the airshow organisers said the deal consisted of $1.5 billion for the engines and $2.0 billion for a long-term service agreement. (Reporting by Raju Gopalakrishnan; Editing by David Fogarty)