Rolls-Royce signs $1bn Trent 900 contract and Trent 700 letter of intent with Skymark Airlines
Tuesday, 18 December 2012
Rolls-Royce, the global power systems company, has signed a $1bn contract, at list prices, from Japan's Skymark Airlines for Trent 900 engines to power six Airbus A380 aircraft.
The Trent 900 order, which follows the announcement of a letter of intent for these engines in September 2011, includes long-term TotalCare® service support. The aircraft will enter into service in 2014.
The airline has also signed a letter of intent for Trent 700 engines to power up to 10 leased Airbus A330s, including TotalCare®. The aircraft will be the first A330s in Skymark's fleet and will enter into service in 2014.
Skymark, a new customer for Rolls-Royce, is the only carrier in Japan to select both the Trent 900 and Trent 700.
Bruce Blythe, Rolls-Royce Senior Vice President – Civil Aerospace, said: "We are delighted Skymark Airlines is putting its trust in our technology and support services. This latest order and letter of intent reinforces the market leading positions of these Trent engines."
The Trent 900 has been selected by 11 of the 16 airlines that have made an engine selection for the A380. In Asia it has been selected by six out of seven operators. The Trent 700 is the only engine specifically designed for the A330 and remains the market leader for the aircraft, with more than 1,400 of the engines either in service or on order.
- 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 revenue was £11.3 billion in 2011, of which more than half came from the provision of services. The firm and announced order book stood at £60.1 billion at 30 June 2012, 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.