Rolls-Royce PLC
8 April 2002
8 April 2002
ROLLS-ROYCE SIGNS US$530m CATHAY PACIFIC TRENT CARE AGREEMENT
Rolls-Royce has signed a Total Care agreement worth US$530 million with Cathay
Pacific for maintenance of the Trent 700 engines powering the airline's fleet of
Airbus A330 aircraft.
Mike Terrett, President Civil Aerospace, Rolls-Royce, said: 'Demand for our
Total Care services continues to grow as customers experience the practical
benefits of features such as predictable maintenance costs. Over 40 per cent of
all Trent engines in service are covered by Total Care packages.'
Rolls-Royce aftermarket and services revenues have grown by 50 per cent over the
last five years, and increased by six per cent in 2001.
Cathay Pacific became launch customer for the Trent 700 on the Airbus A330 in
1995 and currently operates 20 of the wide-bodied twinjets. The airline's Trent
700-powered fleet has flown more than 450,000 hours, with the lead engine
approaching 20,000 hours.
Cathay is one of 22 Trent 700 operators - the largest A330 customer base of any
engine manufacturer.
Rolls-Royce power in the Cathay fleet also includes RB211-524G/H-T engines on
Boeing 747-400s, and Trent 800s on the airline's Boeing 777 twinjets. Cathay
will shortly take delivery of three leased A340-600s for which the Trent 500 is
the sole powerplant.
For further information contact:
Martin Brodie
Head of Corporate Media Relations
Rolls-Royce plc
Tel: 0207 222 9020
Fax: 0207 227 9178
Email: martin.brodie@rolls-royce.com
This information is provided by RNS
The company news service from the London Stock Exchange
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