Nakash Group selects Trent 1000 and a double Totalcare order

Monday, 9 July 2007

The Nakash Group of America has ordered Rolls-Royce Trent 1000 engines for two firm and two option Boeing 787-9 Dreamliners in a deal potentially worth around $160 million at list prices. Tel Aviv-based Arkia Israeli Airlines will operate the aircraft following delivery in 2012.

In addition, the Nakash Group has also opted for two lifetime TotalCare® services agreements, under which Rolls-Royce will assume responsibility for all engine maintenance. The first is to support the Trent 1000s for these new 787s, while the second will cover Arkia’s existing RB211-535s on two Boeing 757s.

Joe Nakash, Chairman of the Nakash Group, said: “The Trent 1000 has been specifically designed for the 787’s operations and we feel this will offer us the best economic solution. The Trent-powered 787 will be the backbone of Arkia’s future operations but we’re also conscious about protecting our existing engine assets. Transferring the management of Rolls-Royce engines back to the manufacturer will minimise operational and financial risks for Arkia.”

Chris Cyr, Executive Vice President - Americas at Rolls-Royce, added: “For an ambitious airline like Arkia, looking to grow its operations, the Trent-powered 787-9 provides excellent flexibility opening the doors to a range of markets. Reliability and minimising risk are key to achieving growth. In the Trent 1000, Nakash and Arkia have an engine asset that can help them achieve their goals.”

Trent 1000s were installed on the first 787 that rolled out of Boeing’s facility last night. As launch engine for the Dreamliner, the Trent will also power the aircraft’s first flight later this year.

  1. Including the aircraft involved in today’s announcement, firm and option orders have been placed for a total of 222 Trent 1000–powered Boeing 787s by Air New Zealand, ANA, Icelandair, LOT Polish Airlines, Northwest Airlines, Blue Panorama, Air China, Monarch, flyglobespan, Avianca, two private operators and leasing companies, ILFC, LCAL, Pegasus and CIT.
  2. The Trent 1000 is the launch engine on all variants of the Boeing 787. ANA will begin operating the 787-8 in mid 2008 and will also introduce the short-range 787-3 in 2010.
  3. The Trent 1000 is the fifth member of the Trent family, the first of which entered service in 1995. By the time it enters service on the 787, the flying experience accumulated by all previous Trent engines will total around 35 million hours.
  4. More than 50 per cent of the Rolls-Royce civil fleet is covered by TotalCare agreements, and around 80 per cent of all new Trent orders since 2001 have included TotalCare.
  5. TotalCare agreements, tailored for individual operators, offer a range of services extending to aspects of support such as latest predictive maintenance, asset and logistics management, as well as repair and overhaul. TotalCare offers the opportunity to remove uncertainties from engine management and provides airlines with greater financial confidence from managing predictable costs.
  6. Rolls-Royce is working hard to improve the environmental impact of its products. Each year Rolls-Royce, in collaboration with its partners, invests around £700 million on research and development, two thirds of which has the objective of reducing the environmental impact of its products. The primary technology investment area is aimed at reducing noise and emissions.

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