Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide
  • Home
  • /
  • Aerospace
  • /
  • Rolls-Royce completes sale of stake in AirTanker Holdings

Aerospace Defence

Rolls-Royce completes sale of stake in AirTanker Holdings

Rolls-Royce today announced the completion of the sale of its 23.1% shareholding in AirTanker Holdings Limited to Equitix Investment Management Limited for cash proceeds of £189 million.

Image courtesy Rolls-Royce

The completion of the transaction, which was announced on 13 September 2021, follows clearance from the relevant regulatory authorities. Proceeds from the transaction will be used to help rebuild the Rolls-Royce balance sheet in support of its medium-term ambition to return to an investment grade credit profile.

Advertisement
ODU RT

AirTanker Holdings Limited 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.

Advertisement
ODU RT

This fleet is operated by AirTanker Services Limited, in which Rolls-Royce will continue to be a 23.5% shareholder. Rolls-Royce 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.
 

Advertisement
General Atomics LB
Stansted’s Aerozone marks a decade inspiring tomorrow

Aerospace

Stansted’s Aerozone marks a decade inspiring tomorrow's aviation professionals

6 June 2025

London Stansted is celebrating 10 amazing years of the Aerozone – its award-winning on-site education centre that has welcomed more than 25,000 schoolchildren since launching in 2015.

EasyJet to open new base at Newcastle Airport

Aerospace

EasyJet to open new base at Newcastle Airport

6 June 2025

EasyJet has announced further UK growth with plans to open a three-aircraft base at Newcastle Airport in March 2026, creating around 130 direct jobs for pilots, crew and engineers and supporting around 1200 UK jobs in total.

Donite Plastics awarded Manufacturer of the Year at Made in NI Awards 2025

Aerospace Events

Donite Plastics awarded Manufacturer of the Year at Made in NI Awards 2025

5 June 2025

Saintfield based thermoforming company, Donite Plastics has been awarded Manufacturer of the Year (under £25 million) at the recent Insider Made in Northern Ireland Awards, recognising the specialised work it does in the design and manufacture of custom moulded plastic parts.

DEA Aviation opens Lincoln office

Aerospace

DEA Aviation opens Lincoln office

3 June 2025

DEA Aviation, a technology-led aerial data acquisition company, has opened a new office in Lincoln marked by a visit from MP for Lincoln, Hamish Falconer.

Advertisement
DSEI 2025
JAL selects IFS Cloud for aviation maintenance

Aerospace

JAL selects IFS Cloud for aviation maintenance

2 June 2025

IFS today announced that Japan Airlines (JAL), Japan’s flagship airline and one of Asia’s premier carriers, has initiated a project to implement IFS Cloud for Aviation Maintenance, aiming to modernise its aircraft maintenance management system that has been in operation for over 15 years.

Redesigned flight paths to reduce aviation’s climate change impacts

Aerospace

Redesigned flight paths to reduce aviation’s climate change impacts

2 June 2025

Passengers will benefit from quicker flights and fewer delays and residents could enjoy quieter take-offs through new government plans for redesigned flight paths creating more direct and efficient routes which will help to reduce aviation’s climate change impacts, whilst paving the way for new technologies like flying taxis to take to the skies.

Advertisement
DSEI 2025