Rolls-Royce completes £189m deal to offload AirTanker stake
Rolls-Royce has completed a £189m deal to offload its stake in AirTanker Holding
The Derby-based manufacturer has sold its 23.1% stake to Equitix Investment Management.
AirTanker Holdings, a joint venture with Airbus, Babcock, and Thales, owns 14 A330-200 Voyager aircraft which are powered by Trent 772B engines, a derivative of the Trent 700 engine.
The Voyager aircraft support air-to-air refuelling, air transport and ancillary services for the UK Ministry of Defence. This fleet is operated by AirTanker Services, in which Rolls will continue to be a 23.5% shareholder. Rolls says it will also continue to provide servicing and maintenance for the fleet of Rolls-Royce engines that power the Voyager aircraft to support the Royal Air Force.
