EGYPTAIR ORDER STRENGTHENS TRENT’S HOLD ON MIDDL
17 June, 2003
EGYPTAIR ORDER STRENGTHENS TRENT'S HOLD ON MIDDLE EAST
Rolls-Royce announced today (17 June) that EgyptAir had selected the Trent 700
engine to power its new medium range flagship fleet of Airbus A330-200
aircraft.
The deal, which involves firm orders for seven twinjets, is valued at around
$150 million by Rolls-Royce. Deliveries begin in June 2004.
Mike Terrett, President - Civil Aerospace, Rolls-Royce, said: 'We are delighted
with this opportunity to introduce the Trent into EgyptAir's future fleet. It
is a decision which underlines the strength of the Trent 700 in the Middle East
and allows us to develop a new era of relationships between Rolls-Royce and
EgyptAir.'
EgyptAir becomes the fifth Middle East carrier to choose the Trent 700, which
now powers 80 per cent of A330s in the region. The new fleet will be used on
routes to destinations including Europe and South Africa.
As well as its low noise and increased payload capability, the Trent 700 has
also proved its durability in the hot and harsh operating environment of the
Middle East.
EgyptAir becomes the 26th customer for the Trent 700, the largest total of any
engine manufacturer on the A330.
For further information contact:
Martin Johnson
Rolls-Royce Media Centre, Chalet B 48
Tel: + 33 (0) 1 4157 4875 / Fax: 4894
Email: airshow@dial.pipex.com
Rolls-Royce uses The NewsMarket (www.thenewsmarket.com <http://
www.thenewsmarket.com/>), a web-based news and video archive, to distribute its
B-roll. Please register on www.thenewsmarket.com <http://www.thenewsmarket.com
/> to browse and preview our extensive content library and order the footage
directly from your desktop. Registration and ordering on the site is free.
*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.