Rolls-Royce wins $300M Qatar Airways order

Monday, 18 November 2013

Rolls-Royce has won a $300m order from Qatar Airways for Trent 700 engines, with long-term TotalCare® support, to power five Airbus A330 freighter aircraft.  The order for five Airbus A330 Freighters and eight options was announced by the airline on the first day of the Dubai Air Show.

Qatar Airways Chief Executive Officer, Akbar Al Baker, said: "We are pleased to select the Trent 700 engine, which has provided excellent performance on our existing Airbus A330 Freighter, along with a support package that maximises aircraft reliability and efficiency."

Eric Schulz, Rolls-Royce, President - Civil Large Engines, said: "We look forward to further developing our relationship with a valued customer and welcome Qatar Airways’ continued confidence in our Trent technology and TotalCare service and support."

The Trent 700, the only engine specifically designed for the A330, is the market leader on the aircraft with 70 per cent of new orders over the last four years.

It is also the most popular Rolls-Royce engine type currently in service on widebody aircraft, powering more than 530 A330 aircraft with 58 operators. More than 1,400 engines are either in service or on order.

  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 300 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.
  3. Annual underlying revenue was £12.2 billion in 2012, of which more than half came from the provision of services. The firm and announced order book stood at £69.2 billion at 30 June 2013, providing visibility of future levels of activity.
  4. Rolls-Royce employs over 45,000 people in offices, manufacturing and service facilities in over 50 countries. Over 14,000 of these employees are engineers.
  5. In 2012, Rolls-Royce invested £919 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.
  6. Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company’s engineers with the forefront of scientific research.
  7. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.

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