Rolls-Royce technology powers Farnborough announcements
Thursday, 17 July 2014
This week's Farnborough International Airshow saw Rolls-Royce further enhance its broad portfolio of engines and its order book. The Group also announced significant milestones in the development of its aerospace propulsion technologies, while the show saw the debuts of the Airbus A350 XWB and the new 'stretch' Boeing 787-9 Dreamliner.
The selection of the new Rolls-Royce Trent 7000 engine as the exclusive powerplant for Airbus's A330neo aircraft preceded selection announcements by AirAsia X (50 aircraft), Transaero Airlines (12) and lessors Air Lease Corporation (25), CIT (15) and Avolon (15). The Trent 7000 builds on the market-leading Trent 700 to deliver significant performance benefits, improving specific fuel consumption by 10 per cent and halving perceived noise.
Elsewhere in the Civil market, Kuwait Airways selected the Trent 700 to power their fleet of five new A330 aircraft and Air Mauritius ordered six Airbus A350 XWB aircraft, powered by the Trent XWB. Away from the show, a higher thrust version of the Trent XWB, the world's most efficient large civil aero engine, ran for the first time on the test bed.
Rolls-Royce also announced an $86m order from lessor MG Aviation for Trent 1000 engines to power two Boeing 787-9 Dreamliners. United Airlines extended its TotalCare® agreement to support its fleet of RB211-535 engines powering the Boeing 757.
In Defence, the development of future combat engine technologies was underpinned by the signing of a new Programme Arrangement for the Anglo-French Future Combat Air System, on which Rolls-Royce and Snecma are working together. Rolls-Royce was also able to reveal more details of its embedded propulsion system that enhances the stealth capability of the UK's Taranis Unmanned Combat Air Vehicle demonstrator.
Meanwhile, the United States Air Force approved the T56 3.5 engine enhancement package, which introduces fuel saving technology to the legacy C-130 transport fleet.
About Rolls-Royce Holdings plc
- Rolls-Royce's vision is to create better power for a changing world via two main business segments, Aerospace and Marine & Industrial Power Systems (MIPS). These business segments address markets with two strong technology platforms, gas turbines and reciprocating engines, for use on land, at sea and in the air.
- Aerospace comprises Civil Aerospace and Defence Aerospace. MIPS comprises Marine, Energy & Nuclear and Power Systems (RRPS). On 7 March 2014, Daimler announced their intention to exercise their option to sell their 50% share in RRPS to Rolls-Royce Holdings plc. On 16 April 2014, the valuation was agreed and the transaction is expected to complete within the coming months, subject to the usual regulatory approvals. On 6 May 2014 Rolls-Royce announced it had signed an agreement to sell its Energy gas turbine and compressor business to Siemens for a £785m cash consideration. On completion, expected before the end of December 2014,
Rolls-Royce will receive a further £200 million for a 25 year licensing agreement.
- Rolls-Royce has customers in more than 120 countries, comprising more than 380 airlines and leasing customers, 160 armed forces, 4,000 marine customers, including 70 navies, and 1,600 energy and nuclear customers.
- Our business is focused on the 4Cs:
- Customer - placing the customer at the heart of our business
- Concentration - deciding where to grow and where not to
- Cost - continually looking to increase efficiency
- Cash - improving financial performance.
- Annual underlying revenue was £15.5 billion in 2013, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £71.6 billion at 31 December 2013.
- In 2013, Rolls-Royce invested £1.1 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers with the forefront of scientific research.
- Rolls-Royce employs over 55,000 people in 45 countries. Over 17,000 of these are engineers.
- The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2013 we employed 379 graduates and 288 apprentices through our worldwide training programmes.
For further information, please contact:
Rolls-Royce Group plc
T: +44 (0)20 7227 9140
M: +44 0782 460 7328