Re Contract
29 June 2011
ROLLS-ROYCE WINS $1BN ORDER FROM SINGAPORE AIRLINES
Rolls-Royce, the global power systems company, has won a $1bn order from
Singapore Airlines to supply Trent 700 engines to power 15 Airbus A330 aircraft,
along with TotalCare® services support.
The Trent 700 is the most fuel efficient, cleanest and quietest engine on the
A330. Since it entered service in 1995, Rolls-Royce has continued to improve
its performance by incorporating advanced technology from the Trent 900 and
Trent 1000. These enhancements have delivered a one per cent reduction in fuel
consumption, which saves 800 tonnes of CO2 per aircraft, per year.
Singapore Airlines already operates 19 Trent 700-powered A330s, the first of
which was delivered in 2009.
Nick Devall, Rolls-Royce, Chief Commercial Officer - Civil Aerospace, said:
"The Trent 700 has proven itself to be the most efficient engine for the
Airbus A330. Our continuous investment in the improvement of our products has
ensured that the Trent 700 is the clear leader in the market. Singapore Airlines
has been a great partner and we are delighted to extend this relationship further."
The Trent 700, the only engine designed specifically for the A330, has won more
than 75 per cent of orders in the last three years. More than 1,300 Trent 700
engines are now in service or on order.
Notes to Editors:
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 500 airlines, 4,000 corporate and utility aircraft and
helicopter operators, 160 armed forces, more than 2,500 marine customers,
including 70 navies, and energy customers in nearly 120 countries, with an
installed base of 54,000 gas turbines.
3. Annual underlying revenues were £10.8 billion in 2010, of which more than
half came from the provision of services. The firm and announced order book
stood at £59.2 billion at 31 December 2010, providing visibility of future
levels of activity.
4. Rolls-Royce employs over 39,000 skilled people in offices, manufacturing
and service facilities in over 50 countries. Over 11,000 of these employees
are engineers.
5. In 2010, Rolls-Royce invested £923 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.
8. The Trent 700 has accumulated more than 16 million hours in service with
58 operators. More than 380 Trent 700-powered Airbus A330s are in service.
9. Singapore Airlines has five Trent family members either in service or on
order - The Trent 500, Trent 700, Trent 800, Trent 900 and Trent XWB.
10. Rolls-Royce has had operations in Singapore for over 50 years; it is the
hub of the Group's activities in Asia and home to the global headquarters
of the marine business.
11. Construction of the Rolls-Royce Seletar campus is planned for completion in
2012, which will incorporate a Trent aero engine test and assembly
facility, a wide chord fan blade (WCFB) manufacturing facility, a Regional
Training Centre (RTC) and an Advanced Technology Centre (ATC).
12. Total investment in Seletar will exceed S$700m and it will create
approximately 500 new jobs when fully operational, bringing the number of
people employed by the Group in Singapore to around 2,000.
13. Rolls-Royce has established a number of successful joint venture
partnerships in Singapore, primarily with SIA Engineering Company (SIAEC).
These include Singapore Aero Engine Services Limited (SAESL) and
International Engine Components Overhaul (IECO), both of which provide
services to major regional and global carriers.
For further information, please contact:
Investor relations:
Mark Alflatt
Director of Financial Communications
Rolls-Royce Holdings plc
Tel: +44 (0)20 7227 9237
mark.alflatt@rolls-royce.com
Media relations:
Josh Rosenstock
Director of External Communications
Rolls-Royce Holdings plc
Tel: +44 (0)20 7227 9163
josh.rosenstock@rolls-royce.com
www.rolls-royce.com