Rolls-Royce share of Thai Airways International V2500 order worth $75 million

Monday, 14 November 2011

Rolls-Royce, the global power systems company, has won a share of an order from Thai Airways International for V2500 engines to power five purchased and six leased Airbus A320 series aircraft. The contract includes a long-term engine maintenance agreement. The value of the contract to Rolls-Royce is over $75 million.

Deliveries will commence in 2012 and Thai Airways International will employ the new V2500s to support the creation of a new low-cost regional carrier, Thai Smile.

More than 4,800 V2500s in service have been delivered so far, with nearly 2,000 more engines on order and close to 200 customers around the world.

  1. 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.
  2. 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 4,000 marine customers, including 70 navies, and energy customers in nearly 120 countries, with an installed base of 54,000 gas turbines.
  3. 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 £61.4 billion at 30 June 2011, providing visibility of future levels of activity.

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