8 April 2009
ROLLS-ROYCE TO POWER SAUDI ARABIAN AIRLINES IN DEAL
WORTH UP TO $900M
Rolls-Royce, the global power systems company, will power Saudi Arabian
Airlines aircraft in an order worth up to US$900m at list prices. The contract
will include a long-term service agreement.
Trent engines, selected by the airline for the first time, will power up to 12
(eight firm and four option) Airbus A330 aircraft, with deliveries beginning in
2010. The Trent 700EP (Enhanced Performance) features reduced fuel burn and
emission levels.
Phil Harris, Rolls-Royce Senior Vice President Airlines - North Asia and Middle
East, said: "This important order marks another stage in the development of our
relationship with the Kingdom of Saudi Arabia. The superior technology in the
Trent 700EP, backed up by a comprehensive TotalCare® service package, will
deliver significant benefits for Saudi Arabian Airlines."
Ali Milaat, Managing Director Technical Services Strategic Business Unit of
Saudi Arabian Airlines, said: "Rolls-Royce Trent 700 engines have an excellent
reputation and we are pleased to bring them onto our new fleet. Maintaining
efficiency and performance in a highly competitive market is vitally important
and Rolls-Royce technology and TotalCare service will enable us to reach our
targets."
Currently, Saudi Arabian Airlines operates a fleet of 14 Boeing 747 -100, -200,
-SP and -300 aircraft powered by Rolls-Royce.
Rolls-Royce has secured more than 70 per cent of the A330 market over the last
three years and eight of the nine Middle East A330 operators have selected
Trent 700 engines to power their fleets. This combination is particularly
suitable for Middle East operations, where outstanding performance in hot and
high altitudes/locations enables operators to fly further with more passengers.
Notes to Editors:
1. The Trent 700 is the only engine on the A330 that has been specifically
designed for the aircraft, resulting in better lifetime performance,
reliability and maintenance costs. It has accumulated more than 10 million
hours of operating service. The Trent 700EP further reduces engine fuel
burn by 1.3 per cent. The Trent is the world leader in the large turbofan
sector
2. Rolls-Royce, a world-leading provider of power systems and services for use
on land, at sea and in the air, has established a strong position in global
markets - civil aerospace, defence aerospace, marine and energy. In each
sector, Rolls-Royce offer value-added long-term service agreements for
customers and operators.
3. Rolls-Royce has recently established Rolls-Royce Saudi Arabia LLC, a
wholly-owned subsidiary with offices in Riyadh. This will enable
Rolls-Royce to trade directly in Saudi Arabia for services and to bring the
necessary people into the Kingdom. The organisation was formed in response
to the Group's growing business interests in the Kingdom and to improve
customer support.
4. In 2008, Rolls-Royce and its partners invested over £800 million on
research and development, two thirds of which has the objective of further
improving the environmental aspects of its products. The primary technology
investment area is aimed at reducing noise and emissions.
5. Annual sales were £9.1 billion in 2008, of which 52 per cent came from
services revenues. The firm and announced order book at the end of 2008
stood at £55.5 billion, of which aftermarket services represent 26 per
cent, providing visibility of future levels of activity.
For further information please contact:
Mark Alflatt
Director of Financial Communications
Tel: +44 (0)20 7227 9307
mark.alflatt@rolls-royce.com
Nicky Louth-Davies
Director of Corporate Communications
Tel: +44 (0)20 7227 9232
nicky.louth-davies@rolls-royce.com
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