Rolls-Royce wins $350 million order from Turkish Flag carrier for additional Trent 700 engines
Monday, 2 November 2009
Rolls-Royce, the global power systems company, has won a $350m order, at list prices, for Trent engines to power five Airbus A330 aircraft for Turkish Airlines (Turk Hava Yollari). The contract includes long-term TotalCare service support. Aircraft deliveries will start in 2010. This follows the July 2009 announcement that Trent 700 engines will also power seven THY A330 aircraft, a contract valued at $470m at list prices.
Candan Karlitekin, Chairman Turkish Airlines, said: "We are pleased to make a second selection for Rolls-Royce engines for our A330 fleet. The aircraft represents an exciting new phase of development for the airline and our shareholders. The commitment of Rolls-Royce in supporting our ambitions is an important factor in our plans."
Nick Devall, Rolls-Royce Executive Vice President - Customer Business, said: "We are delighted that Turkish Airlines has again chosen Rolls-Royce technology to power additional A330 aircraft. The Trent 700 is a market leader and we are committed to working closely with the airline as they continue to develop their fleet."
The Trent 700, the only engine specifically designed for the A330, remains the market leader for the aircraft, achieving more than 70 per cent of new orders over the last three years.
The THY aircraft will feature an enhanced performance version of the Trent 700 which improves engine performance by a further 1.3 per cent - confirming its position on the A330 as best for fuel burn and emissions as well as thrust and noise.
The latest THY order for Trent 700 engines will cover three A330 passenger aircraft and two A330 freighter aircraft.
- Rolls-Royce, a world-leading provider of power systems and services for use on land, at sea and in the air, has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy. In each sector, Rolls-Royce offer value-added long-term service agreements for customers and operators.
- In 2008, Rolls-Royce and its partners invested £885 million on research and development, two thirds of which had the objective of further improving the environmental aspects of its products, in particular the reduction of emissions.
- Annual underlying revenues were £9.1 billion in 2008, of which 52 per cent came from services revenues. The firm and announced order book stood at £57.5 billion at 30 June 2009, providing visibility of future levels of activity.