Rolls Royce receives $1bn engine order

Japanese airline All Nippon has placed a billion dollar order with Rolls-Royce for engines for 50 of the new 7E7 jetliners it is buying from Boeing.

Boeing selected US company General Electric and Rolls-Royce to develop and supply engines for the 7E7. The 7E7 Dreamliner planes, which will carry 200 to 300 passengers, are set to fly in 2008.