Engine order boost for Rolls-Royce
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 group to deliver Trent 700 engines, worth $1.4bn at list prices, to power 20 Airbus A330 aircraft.
Around 900 people work at Rolls-Royce’s plant on Barnoldswick in Lancashire, where turbines for the Trent engines are made.
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.
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.
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.
