Rolls-Royce wins first order from TransAsia
Monday, 23 May 2011
Rolls-Royce, the global power systems company, has won its first order from Taiwanese airline TransAsia Airways.
The airline has selected Trent 700 engines and TotalCare® long-term service support worth a total of $150m. The engines will power two Airbus A330 aircraft to be delivered in 2012/2013.
Vincent Lin, Chairman, TransAsia Airways, said: “As we enter a new era with our first widebody aircraft, we selected the Trent 700 for its proven performance and payload advantages coupled with the comprehensive maintenance cost assurance that TotalCare® brings. These factors made Rolls-Royce the right choice for TransAsia Airways.”
Phil Harris, Rolls-Royce, Senior Vice President – Civil Aerospace, said: “TransAsia Airways is well placed to benefit from growth in the Taiwanese aviation market. We are delighted the airline will be joining our family of Trent operators, selecting market-leading Trent 700 technology and support.”
The Trent 700 is the only engine specifically designed for the A330 aircraft and produces the lowest emissions of all engines available on the aircraft. More than 1,300 Trent 700s are now in service or on firm order, having captured over 75 per cent of orders in the last three years.
TotalCare® long-term service agreements, in place on 90 per cent of Trent engines, are designed to minimise customer financial risk and enhance operational performance and reliability, allowing operators to concentrate on their core business.
- Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy.
- As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 500 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 2,500 marine customers, including 70 navies, and energy customers in nearly 120 countries, with an installed base of 54,000 gas turbines.
- Annual underlying revenues were £10.8 billion in 2010, of which more than half came from the provision of services. The firm and announced order book stood at £59.2 billion at 31 December 2010, providing visibility of future levels of activity.
- Rolls-Royce employs over 39,000 skilled people in offices, manufacturing and service facilities in over 50 countries. Over 11,000 of these employees are engineers.
- In 2010, Rolls-Royce invested £923 million on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.
- Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company’s engineers with the forefront of scientific research.
- The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.