British Airways selects Trent 800 for more Boeing 777s
Monday, 2 April 2007
British Airways has placed a follow-on order for Rolls-Royce Trent 800 engines to power up to eight additional Boeing 777-200ER twinjets.
The deal, which involves four firm aircraft, plus four options, is potentially worth $320 million at engine list prices.
Maintenance of the engines involved in today’s announcement will be covered by an extension to the airline’s existing TotalCare® agreement, administered by Rolls-Royce.
British Airways already operates 16 Boeing 777s, also powered by the 95,000lb thrust Trent 895.
Mike Terrett, President, Civil Aerospace at Rolls-Royce, said: "The Trent’s selection reflects British Airways’ positive view of the engine’s in-service performance, while the extension of the TotalCare contract is an endorsement of the maintenance agreements which have been in place for the last seven years. Repeat business sends a strong signal, and I’m delighted that we are expanding our fleet presence with a world class customer.”
The Trent 800 beats levels of emissions required by latest international environmental legislation by up to 80 per cent, and has the lowest levels of NOx on the Boeing 777-200ER. It has a 43 per cent market share where it competes on the 777.
Rolls-Royce continues to be a world leader in investment focused on improving environmental performance. The company spends more than a million pounds a day on research and development of new technologies and products, concentrated primarily on reducing noise and emissions.
- Rolls-Royce, a world-leading provider of power systems and services for use on land, at sea and in the air, operates in four global markets - civil aerospace, defence aerospace, marine and energy.
- It continues to invest in core technologies, products, people and capabilities with the objective of broadening and strengthening the product portfolio, improving efficiency and enhancing the environmental performance of its products. These investments create high barriers to entry.
- The company has established strong positions within programmes that will shape the power-systems market for many years to come.
- The success of its products is demonstrated by rapid and substantial gains in market share. The company now has a total of 54,000 gas turbines in service worldwide and they generate a demand for high-value services throughout their operational lives.
- The company seeks to add value for its customers with aftermarket services that will enhance the performance and reliability of its products. Services revenues have grown by 10 per cent per annum compound over the past 10 years.
- Rolls-Royce has a broad customer base comprising 600 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 2,000 marine customers including 70 navies, and energy customers in 120 countries. Rolls-Royce is a technology leader, employing 38,000 people in offices, manufacturing and service facilities in 50 countries.
- Annual sales total £7.4 billion, of which 53 per cent are services revenues. The firm and announced order book is £26.1 billion, of which aftermarket services represent 38 per cent, providing visibility of future levels of activity.