Rolls-Royce is selling its share in the International Aero Engines (IAE) joint venture to Pratt & Whitney.
Rolls-Royce owns 32.5% of IAE, which makes the V2500 engines for the Airbus A320.
It will be paid $1.5bn (£956m) and receive future payments based on the use of the engines.
Rolls-Royce owns 32.5% of IAE, which makes the V2500 engines for the Airbus A320.
It will be paid $1.5bn (£956m) and receive future payments based on the use of the engines.
