Rolls-Royce and Synergy Group sign $630m Trent 700 agreement
Thursday, 12 July 2012
Rolls-Royce, the global power systems company, has won a $630 million contract with Brazil-based conglomerate Synergy Aerospace to provide Trent 700 engines and TotalCare® long-term engine service support for nine Airbus A330 aircraft.
Germán Efromovich, Chairman, Synergy Group, said: “We look forward to continuing our relationship with Rolls-Royce and have confidence in the benefits of both its Trent 700 technology and support services.”
Peter Turner, Rolls-Royce, Civil Aerospace Vice President – Customer Business, said: “The Trent 700 has become the engine of choice for A330 operators, selected for around 75 per cent of future engine orders on the A330. The combination of Trent technology and comprehensive TotalCare® support will deliver significant benefits to Synergy Aerospace.”
The Trent 700 is the only engine specifically designed for the Airbus A330 and is the most fuel efficient, cleanest and quietest engine for the aircraft. More than 1,400 Trent 700 engines are now in service or on firm order.
Of the nine aircraft ordered, six will be passenger and three freighter.
- 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 4,000 marine customers, including 70 navies, and energy customers in more than 80 countries.
- Annual underlying revenues were £11.3 billion in 2011, of which more than half came from the provision of services. The firm and announced order book stood at £62.2 billion at 31 December 2011, providing visibility of future levels of activity.
- Rolls-Royce employs over 40,000 people in offices, manufacturing and service facilities in over 50 countries. Over 11,000 of these employees are engineers.
- In 2011, Rolls-Royce invested £908 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.