Further $2bn in orders for Rolls-Royce at Paris Air Show
AERO engine manufacturer Rolls-Royce has continued its strong showing at the Paris Air Show with the announcement of two further large contracts, worth in excess of $2bn to the business.
The largest order has seen Philippine Airlines select the Derby-based group to deliver Trent 700 engines, worth $1.4bn at list prices, to power 20 Airbus A330 aircraft.
This is the first selection of Trent engines by Philippine Airlines and also includes long-term TotalCare service support.
The Trent 700 is the market leading engine for the Airbus A330, and has won 70% of new orders over the last four years. The engines will power aircraft that were announced by Airbus in 2012.
Ramon Ang, President and Chief Operating Officer, Philippine Airlines, said: “After a thorough evaluation of our options, the Trent 700 is the best solution for our fleet expansion. The engine will provide market-leading environmental performance, with low emissions, noise and fuel burn. The level of support offered by Rolls-Royce through TotalCare provides us with the ideal opportunity to effectively manage our engine maintenance and overhaul costs.”
Eric Schulz, Rolls-Royce, President – Civil Large Engines, said: “We are very pleased to welcome Philippine Airlines into the family of Rolls-Royce engine operators. We look forward to a long and successful relationship with Philippine Airlines as we deliver Trent 700s that will power its A330 fleet in the exciting and fast-growing Asia-Pacific market, supported with a comprehensive TotalCare package.”
The Trent 700 is the only engine specifically designed for the Airbus A330. Rolls-Royce has more than 1,400 Trent 700 engines either in service or on order.
The second deal, worth $880m, at list prices, is from United Airlines for Trent XWB engines to power 10 Airbus A350 XWB-1000 aircraft. This package also includes the service agreement.
In addition the airline will convert 25 A350-900 aircraft, which were previously announced in 2009, to the -1000 model.
Jacqui Sutton, Senior Vice President – Civil Large Engines, said: “This latest order from United Airlines for our world-leading Trent engine technology underscores our confidence in the A350-1000 and the higher thrust version of the Trent XWB which will power this aircraft. We are delighted that United has increased its order for the A350 XWB and we look forward to expanding our relationship with the airline.”
The Trent XWB, specifically designed for the Airbus A350 XWB, is the fastest selling Trent engine ever, with more than 1,300 already sold. The Airbus A350 XWB took to the skies for the first time last Friday.
