Rolls-Royce confirms Trent XWB order with CIT

Wednesday, 20 June 2007

Rolls-Royce today confirmed that the Trent XWB will power the seven Airbus A350 XWBs ordered by US leasing company, CIT, in an order worth around $300 million at engine list prices. Deliveries are scheduled to begin in 2014.

Jeff Knittel, President, CIT Aerospace, said: “As the Trent XWB has been specifically designed for the A350 XWB, it will clearly produce the optimum levels of performance that our customers require. They continue to give us positive feedback on their experiences with the Trent series and I’m confident this latest version will maintain that reputation.”

Mark King, Chief Commercial Officer, Civil Large Engines at Rolls-Royce, added: "As an established and respected leasing company, CIT plays a big part in penetrating new markets with our products. Their decision to purchase these Trent-powered A350 XWBs signals their confidence in the programme and the products.”

The Trent XWB is the only engine available for the A350 XWB and will power all versions of the aircraft. It is tailored for the specific requirements of the family and is not compromised by a design based on other applications.

  1. There are now 133 Trent-powered A350 XWBs on order with four customers.
  2. The 75,000 – 95,000lb thrust Trent XWB is the sixth member of the three-shaft Trent engine series and is being developed specifically for the Airbus A350 XWB twinjet. It is available for deliveries from mid-2013 and will be certificated at 95,000lbs from entry into service.
  3. Final engine configuration and selection of technologies is scheduled to be completed by mid-2008. The first Trent XWB will be ground tested in 2010. In 2011, the engine will make its maiden flight on a flying test bed, followed by airworthiness certification and first flight on the A350 XWB in 2012.
  4. The Trent XWB will be the only engine specifically developed and fully optimised for the 250-375 seat A350 XWB family and will utilise the latest available technology at entry into service to give the best performance and the lowest environmental impact.
  5. By the time the Trent XWB enters service, Trent series engines will have accumulated more than 75 million flying hours.
  6. Rolls-Royce employs more than 7,300 people in North America at more than 64 locations. Activities in North America generate nearly $1 billion annually to US suppliers, supporting around 11,000 additional US jobs.
  7. 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. This technology investment is primarily aimed at reducing noise and emissions.
  8. CIT Aerospace, a unit of CIT Group Inc. (NYSE: CIT), provides financing solutions to a broad spectrum of the global aerospace value chain ranging from operators of commercial and business aircraft to manufacturers and suppliers in the aerospace and defense industries as well as financial institutions. www.cit.com
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