Rolls-Royce wins $390 million order from Thai Airways
Thursday, 14 October 2010
Rolls-Royce, the global power systems company, has won an order worth $390m at list prices from THAI Airways International for Trent 700 engines to power an additional seven Airbus A330 aircraft. The order includes a TotalCare® long-term service agreement for the aircraft which will be delivered from 2011.
Nick Devall, Rolls-Royce Executive Vice President Customer Business – Civil Aerospace, said: “THAI is a very important customer and we are delighted that they have once again demonstrated their confidence in Rolls-Royce. The combination of the Trent 700 and the TotalCare® support package will deliver to THAI significant reliability and performance benefits to enhance their operation.”
Captain Montree Jumrieng, THAI Managing Director – Technical Department, said: “The Trent 700 has again proven to be the best economic and environmental solution for our A330 fleet. We have had a long and successful partnership with Rolls-Royce and this latest selection will further strengthen our relationship.”
The Trent 700 is the only engine specifically designed for the Airbus A330 and over 1,000 are now in service or on firm order. The engine remains the market leader for the aircraft, capturing 75 per cent of orders over the last three years. The engine offers outstanding levels of performance while delivering the highest available thrust.
THAI, which already operates eight Trent 700-powered A330s, was launch customer for the Trent 800 on the Boeing 777 and now has 20 of the aircraft in its fleet. It also operates ten Trent 500-powered Airbus A340s and has selected the Trent 900 to power six A380 aircraft, with all of the Trent fleet supported by TotalCare®.
- 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.
- As a result of this strategy, Rolls-Royce today has a broad customer base comprising more than 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 nearly 120 countries, with an installed base of 54,000 gas turbines.
- Rolls-Royce employs 39,000 skilled people in offices, manufacturing and service facilities in 50 countries. The Group has a strong commitment to apprentice and graduate recruitment, and to further developing employee skills.
- In 2009, Rolls-Royce invested £864 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 £10.1 billion in 2009, of which about half came from services revenues. The firm and announced order book stood at £58.4 billion at 30 June 2010, providing visibility of future levels of activity.