Information  X 
Enter a valid email address

Rolls-Royce Holdings (RR.)

  Print      Mail a friend

Monday 22 April, 2013

Rolls-Royce Holdings

Re Contract

RNS Number : 9381C
Rolls-Royce Holdings plc
22 April 2013
 



 

 

22 April, 2013

 

Rolls-royce wins $1.6bn trent order from IAG

 

Rolls-Royce has won a $1.6bn order, at list prices, from International Airlines Group (IAG) for Trent XWB engines to power 18 Airbus A350-1000 aircraft. The order includes long-term TotalCare® service support. In addition, IAG has placed options for a further 18 A350 aircraft.

 

The A350-1000 aircraft is powered exclusively by the higher-thrust version of the Trent XWB.

 

Willie Walsh, Chief Executive Officer, IAG, said: "The A350-1000 will bring many benefits to our fleet. Its size and range will be an excellent fit for our existing network and, with lower unit costs, there is an opportunity to operate a new range of destinations profitably. This will not only bring greater flexibility to our network but also more choice for our customers"

 

Mark King, President - Aerospace, Rolls-Royce, said: "The Trent XWB has already proven itself in test flights to be the most efficient large aero engine flying today. The engine is demonstrating outstanding operational and environmental performance in its development programme. We are delighted IAG have chosen our 97,000lb higher thrust version of the Trent XWB, which builds on that success."

 

The Trent XWB, specifically designed for the A350 XWB, is the fastest selling Trent engine ever, with more than 1,200 already sold. It took to the skies for the first time in February 2012 on an A380 flying test bed.

 

The Trent XWB engine variant that will exclusively power the A350-800 and -900 was awarded European Aviation Safety Agency (EASA) type certification in February and will power the first A350 XWB into service in 2014.

 

The announcement follows recent confirmation by IAG that Rolls-Royce Trent 1000 engines will power 18 Boeing 787 aircraft that it plans to convert from options to firm orders joining 24 that are already on order.

 

British Airways already operates Rolls-Royce powered Boeing 747, 757, 767 and 777 and the Trent 900 powered A380 is due to enter service later this year.

 

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.         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 £60.1 billion at 31 December 2012, providing visibility of future levels of activity.

4.         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.

5.         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.

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

7.         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: +44 (0)20 7227 9237                                          

simon.goodson@rolls-royce.com                             

 

Media:

Jane Terry

Director of External Communications

Rolls-Royce plc     

Tel: +44 (0)20 7227 9163       

Jane.Terry@Rolls-Royce.com


www.rolls-royce.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTUUSVROAASUAR