16 March 2011
ROLLS-ROYCE WINS TRENT 900 CONTRACT FROM ASIANA AIRLINES
Rolls-Royce, the global power systems company, has won a contract for
Trent 900 engines to power six Airbus A380 aircraft from Asiana Airlines.
The order includes a TotalCare® long-term service agreement.
Asiana Airlines, based in Seoul, South Korea, will take delivery of these
aircraft in 2014, marking its first Rolls-Royce powered aircraft to enter
service. Asiana Airlines has previously ordered Trent XWB engines for 30 firm
and 10 option A350 XWB aircraft.
Yong Wook Lee, Senior Vice President Legal Affairs and Purchasing, Asiana
Airlines, said: "This contract, to power a significant addition to our fleet,
strengthens our important relationship with Rolls-Royce. The Trent 900 will
offer us economic benefits and will be combined with TotalCare® support that
will maximise the reliability of our Airbus A380s."
Jim Sheard, Rolls-Royce Senior Vice President - Civil Aerospace, said: "We are
very pleased that Asiana has put their trust in Trent 900 technology that will
deliver significant operational and environmental benefits. This confirms the
Trent 900 as the true market leader and engine of choice for the majority of
A380 operators and marks a further deepening of our relationship with
Asiana Airlines as we work to support their fleet expansion."
Rolls-Royce Trent 900 engines have now been selected to power the Airbus A380
by 10 out of 15 airlines.
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.
For further information please contact
Investor relations:
Mark Alflatt
Director of Financial Communications
Rolls-Royce plc
Tel: +44 (0)20 7227 9237
mark.alflatt@rolls-royce.com
Media relations:
Josh Rosenstock
Head of Corporate Communications
Rolls-Royce plc
Tel: +44 (0)20 7227 9163
josh.rosenstock@rolls-royce.com
www.rolls-royce.com
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.