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RNS Number : 2230T

Rolls-Royce Holdings plc

18 November 2013

 



17 November, 2013

rolls-royce wINS $5bn etihad airways order
TO POWER 50 Airbus a350 XWb aircraft

Rolls-Royce has won a $5bn order from Etihad Airways for Trent XWB engines, the world's most efficient engine flying today, to power 50 Airbus A350 XWB aircraft. The order includes long-term TotalCare® support.

Etihad Airways, the national airline of the United Arab Emirates, has ordered 24 A350-900 Regional, 16 A350-900 and 10 A350-1000 aircraft.

The order takes the total number of Etihad A350 aircraft on order to 62, all powered by the Trent XWB.

James Hogan, Chief Executive Officer, Etihad Airways, said: "We have been very impressed with the Trent XWB's development during testing and first flight. The engine will enable us to offer new levels of efficiency and will help maintain Etihad's fleet as one of the greenest in the sky."

Tony Wood, Rolls-Royce, President - Aerospace, said: "This is a significant order for the Trent XWB from a valued customer. We are delighted that Etihad Airways is continuing to expand its fleet of Rolls-Royce powered aircraft and we look forward to developing our relationship further. The Trent XWB is the largest-selling Trent engine, with more than 1,600 on order prior to entry into service next year."

The airline also has 28 A330 aircraft in service powered by Trent 700 engines and 11 A340s in service powered by Trent 500 engines.

The Trent XWB, specifically designed for the Airbus A350 XWB, powered the first test flight of the A350 XWB at Toulouse on 14 June this year.

Etihad has also ordered Trent 700 engines to power one Airbus A330 freighter aircraft with TotalCare support.

Notes to Editors:

1.   Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy.

2.   As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 300 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 4,000 marine customers, including 70 navies, and energy customers in more than 80 countries.

3.   The order announced today will result in an increase in the Group's order book of $2.8bn, in accordance with Group accounting policy.

4.   Annual underlying revenue was £12.2 billion in 2012, of which more than half came from the provision of services. The firm and announced order book stood at £69.2 billion at 30 June 2013, providing visibility of future levels of activity.

5.   Rolls-Royce employs over 45,000 people in offices, manufacturing and service facilities in over 50 countries. Over 14,000 of these employees are engineers.

6.   In 2012, Rolls-Royce invested £919 million on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.

7.   Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company's engineers with the forefront of scientific research.

8.   The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.

For further information, please contact:

Investors:

Simon Goodson

Director - Investor Relations

Rolls-Royce plc

Tel [phone]

[e-mail]

Media:

Stephanie Watters

Communications Manager

Rolls-Royce plc

Tel [phone]

[e-mail]

www.Rolls-Royce.com

 

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