Rolls-Royce wins $1.8 billion order to power 20 Air China Ltd aircraft
Monday, 22 November 2010
Rolls-Royce, the global power systems company, has won an order from Air China for engines to power a total of 20 new Air China Ltd aircraft, comprising ten Airbus A350 XWBs and ten A330s. The contract, worth $1.8bn at list prices, includes a TotalCare® long-term service agreement.
Rolls-Royce will provide Trent XWB engines for the A350 XWBs and Trent 700 engines for the A330s.
The Chinese market is fast growing with a clear need for additional aircraft capacity. Rolls-Royce is well established in China, where it now enjoys a 56 per cent share for large civil aero engines.
He Li, Air China Ltd Senior Vice President, said: “We look forward to bringing the Trent XWB into service with our airline to provide us with fuel-efficient power for the A350 XWB and adding to our Trent 700-powered fleet. We have now selected this engine on four separate occasions. Our Trent-powered fleet now stands at 78 aircraft either in service or on order.”
Steve Miller, Rolls-Royce, Civil Aerospace Vice President – China, said: “Our world class technology and service support enables our customers to achieve unrivalled performance benefits. We are very proud that Air China has again put their trust in us with this new order for the Trent XWB engine and a follow-on order for the Trent 700.”
Since the start of July, Rolls-Royce has won more than $4.5bn in orders from customers around the world for the Trent 700, confirming its position as market leader on the A330, capturing 75 per cent of orders over the last three years. The Trent 700 is the only engine specifically designed for the A330 and over 1,000 are now in service or on firm order. It offers outstanding levels of performance and delivers the best payload capacity, particularly in hot and high altitude locations, such as the Lhasa airport and others in the region.
The Trent XWB, specifically designed for the Airbus A350 XWB, is the fastest selling Trent engine ever with more than 1000 sales since 2007. It will offer 28 per cent better fuel efficiency than pre-Trent generation engines.
- 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.