November 19, 2009
DUBAI AIR SHOW ORDERS AND MILESTONES REFLECT ROLLS-ROYCE TECHNOLOGY SUCCESS
Rolls-Royce, the global power systems company, has secured orders worth more
than $2.3 billion during the Dubai Air Show, demonstrating its strong
market positions, its continued investment in technology and access to global
markets.
The Group, which has the most extensive portfolio of power systems in the
aerospace industry, won orders in both the civil and defence aerospace market
sectors. It also reaffirmed its commitment to working in partnership in the
Middle East, signing a tenancy agreement with the Qatar Science and Technology
Park.
Civil highlights included orders for both the Trent 700 and Trent XWB, taking
sales for each engine type past 1,000. Air China ordered the Trent 700, in an
order worth $1.5 billion to power 20 Airbus A330 aircraft. A total of 584
Trent 700 engines have been delivered to customers around the world since
entry into service in 1995.
Ethiopian Airlines selected the Trent XWB, the fastest selling Trent engine
ever, in an order worth $480 million that also marked the airline's first Trent
purchase. The engines will power 12 Airbus A350 XWB aircraft.
In the defence sector, Rolls-Royce was awarded a $171 million contract to
supply its unique LiftSystemâ„¢ for a further nine Short Take-Off and Vertical
Landing (STOVL) variant F-35 Lightning II (Joint Strike Fighter) aircraft. This
order is the second production contract for Rolls-Royce as part of its
involvement in the Joint Strike Fighter programme.
Rolls-Royce also announced it has powered the UK's largest fully-autonomous
unmanned aircraft through successful flight trials in Australia. Working in
conjunction with BAE Systems, which is leading the Mantis programme,
Rolls-Royce has led the development of an Integrated Power System (IPS)
incorporating the twin engines and propellers and associated sub-systems.
Europrop International, in which Rolls-Royce is a partner, announced a major
milestone on the path to the first flight of the Airbus A400M military
transport aircraft with the clearance of the aircraft's TP400 engines for taxi
trials.
Rolls-Royce market success continues to reflect the financial and operational
appeal of long-term service agreements designed to minimise customer financial
risk and enhance operational performance and reliability, allowing operators to
concentrate on their core business. The Air China order included Rolls-Royce
TotalCare® service support, which is now in place on more than 80 per cent of
new Trent engines.
The Group also benefited from the continued success of International Aero
Engines, in which Rolls-Royce is a senior partner. IAE received an order for
V2500 engines from DAE Capital, the aircraft leasing and financial business arm
of Dubai Aerospace Enterprise (DAE), with a value to Rolls-Royce of
$110 million. IAE also won an order for aftermarket services from Etihad Airways
for V2500 engines worth up to $60 million to Rolls-Royce.
Details and values of orders announced at Dubai Air Show 2009
Customer Region Announcement Engine Value
Air China Asia Air China selects Rolls-Royce Trent 700 $1.5bn
engines to power 20 A330s. All
engines ordered include
TotalCare®
Ethiopian Africa Ethiopian Airlines selects Trent XWB $480m
Airlines Rolls-Royce engines for 12
A350 XWBs
Dubai Middle East DAE Capital, the leasing arm of V2500 $110m
Aerospace Dubai Aerospace Enterprise,
Enterprise selects V2500 engines to power
20 A320s
Pratt & US Rolls-Royce signs $171 million LiftSystem $171m
Whitney F-35 STOVL LiftSystem contract
Etihad Middle East Etihad Airways signs aftermarket V2500 $60m
Airways services agreement covering 30
V2500 engines that power 14
A320s
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.
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
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