Thai Airways International signs Trent 500 TotalCare agreement
Thursday, 14 June 2007
Rolls-Royce has agreed a long-term TotalCare® services contract with Thai Airways International covering the Trent 500 engines which power its fleet of ten, latest- generation Airbus A340s.
The ten-year agreement, which is based on an agreed dollar fee per engine flying hour, is the latest announcement to underline the popularity of the TotalCare® programme, which has been selected in 80 per cent of new Trent orders over the past six years.
Commenting on the agreement, Dan Pedley, Managing Director, Rolls-Royce (Thailand), said: “This is a win-win for Thai Airways International and Rolls-Royce. Agreements such as these allow Rolls-Royce to manage the potential uncertainties of the maintenance cycle and help airlines to operate with greater predictability, both operationally and financially. As the original equipment manufacturer, it is our clear responsibility, and we are well placed to deliver a reliable, cost-effective service based on the joint understanding of the customer’s operations and our own engines.”
Last year Rolls-Royce and Thai Airways International celebrated a decade of Trent operations. The airline was launch customer for the Trent 800 which entered service on its Boeing 777s in 1996.
- Rolls-Royce is an established supplier to Thailand’s oil and gas sector. The company powers several aircraft types in the Royal Thai Armed Forces and also provides equipment to the Thai naval fleet.
- The company now has a total of 54,000 gas turbines in service worldwide, generating a demand for high-value services throughout their operational lives.
- Rolls-Royce 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.