Re Contract
November 16, 2009
ROLLS-ROYCE WINS $1.5 BILLION ORDER TO POWER 20 AIR CHINA AIRCRAFT
Rolls-Royce, the global power systems company, has won an order for Trent 700
engines to power 20 Air China Airbus A330 aircraft. The contract, worth $1.5bn
at list prices, includes long-term TotalCare® service support.
The aircraft, to be delivered from 2011, will take Air China's Rolls-Royce
powered A330 fleet to a total of 43.
In China, the Trent 700 has now been selected fourteen times by nine customers
to power a total of 178 A330s in service or on order.
More than 1,000 Trent 700s are in service or on firm order. As the only engine
specifically designed for the aircraft, the Trent 700 has won more than
70 per cent of new orders over the last three years.
He Li, Air China Senior Vice President, said: "We have been pleased with the
performance and service support for our existing Trent 700s. This was a major
factor in our latest engine selection."
Phil Harris, Rolls-Royce Senior Vice President Customer Business, said: "We are
delighted that Air China is again turning to Trent engine technology. It offers
Air China many advantages, such as the ability to maximise capacity at hot and
high altitude airports, minimise fuel costs and benefit from the Rolls-Royce
TotalCare® comprehensive long-term support package."
The latest Air China engines are an enhanced performance version of the Trent
700 which improves engine fuel burn - confirming its position as the engine of
choice for fuel burn, emissions, thrust and noise on the A330. As part of the
contract, Trent 700 engines for Air China's existing fleet of A330s will be
retrofitted with enhanced performance kits.
Notes to Editors:
1. 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 of
these sectors, Rolls-Royce offers value-added long-term service agreements
for customers and operators.
2. In 2008, Rolls-Royce and its partners invested £885 million on research and
development, two thirds of which had the objective of further improving the
environmental aspects of its products, in particular the reduction of
emissions.
3. Annual underlying revenues were £9.1 billion in 2008, of which 52 per cent
came from services revenues. The firm and announced order book stood at
£57.5 billion at 30 June 2009, providing visibility of future levels of
activity.
4. Air China Limited (Air China) is the national flag carrier of China and a
leading provider of air passenger, air cargo and airline-related services
and products in China. Its operational head office is in Beijing, a major
domestic and international hub in China. It also provides airline-related
services, including aircraft maintenance, ground services in Beijing,
Chengdu, and other locations. As of 30 June 2009, the company operated a
fleet of 243 aircraft, serving 143 destinations in 32 countries and
regions. Air China was listed on the Hong Kong Stock Exchange and the
London Stock Exchange on December 15, 2004, under codes 00753 and AIRC
respectively. On August 18, 2006, Air China was listed on the Shanghai
Stock Exchange under code 601111. For further details, please visit Air
China's website: www.airchina.com
For further information please contact:
Mark Alflatt
Director of Financial Communications
Tel: +44 (0)20 7227 9285
mark.alflatt@rolls-royce.com
Nicky Louth-Davies
Director of Corporate Communications
Tel: +44 (0)20 7227 9232
nicky.louth-davies@rolls-royce.com
Web www.rolls-royce.com