Rolls-Royce PLC
8 August 2000
ROLLS-ROYCE WINS US$160 MILLION AERO ORDERS FROM CATHAY PACIFIC
Rolls-Royce plc has announced aero engine business worth more than US$160
million from Cathay Pacific for engines to power three aircraft types. The
engines, for aircraft orders announced by Cathay Pacific earlier this year,
include Trent 700s to power four Airbus Industrie A330-300 twinjet aircraft on
firm order, RB211-524 engines for an additional Boeing 747-400 freighter and
Trent 800s for a further Boeing 777-200.
This brings the total value of business announced by Rolls-Royce this year to
more than $8.5 billion.
Mark King, Senior Vice President North Asia - Airlines, for Rolls-Royce, said:
'Cathay Pacific was our launch customer for the Trent 700 in 1995 and this
order has confirmed that the Trent remains the engine of choice as the airline
continues to extend its A330 fleet.
'Cathay Pacific is an extremely forward-looking airline, set to benefit from
the projected rapid expansion of passenger traffic in Asia Pacific.
Rolls-Royce is delighted to play an active part in its plans.'
The new A330s will be used on regional routes to Thailand, Malaysia and
Australia. Deliveries are scheduled to begin during Summer 2001.
With these latest additions to its fleet, Cathay Pacific will operate a total
of 19 A330s powered by the Trent 700, 12 Trent 800-powered Boeing 777s, 19
RB211-524 powered Boeing 747-400 aircraft configured for passenger service, 5
B747-400 freighters and 4 B747-200 freighters.
Cathay Pacific's associate company, Hong Kong Aircraft Engineering Company
(HAECO), was also the first organisation to partner Rolls-Royce in the repair
and overhaul services sector with the creation in 1995 of Hong Kong Aero
Engine Services (HAESL).
For more information, please contact:
Emma Medd-Sygrove
Communications Manager - Civil Aerospace
Tel: +44 1332 248704
Fax: +44 1332 248686
Email: emma.medd-sygrove@rolls-royce.com
Rolls-Royce website: 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.