Farnborough Air Show Wrap-up
23 July 2010
ROLLS-ROYCE WON $1.7 BILLION IN NEW ORDERS DURING FARNBOROUGH
Rolls-Royce, the global power systems company, secured $1.7 billion in new
orders during the Farnborough Air Show, demonstrating the Group's leading edge
technology, broad portfolio and successful after market capability.
Two new Rolls-Royce powered aircraft made their Farnborough debut, the
Boeing 787 Dreamliner and the Airbus A400M.
Extending its market leadership, the Trent 700 won orders totalling more than
$1 billion for engines to power 17 Airbus A330s from Aeroflot, Russia's
national airline and Garuda Indonesia Airlines. Both of these contracts
included TotalCare long term service agreements. In addition, Garuda extended
an existing TotalCare agreement covering its Trent 700 engines and
Sichuan Airlines ordered a 12 year TotalCare package for its Trent 700s.
Air Transat has ordered extended TotalCare® services and Trent 700EP (Enhanced
Performance) engine kits, which are designed to improve efficiency and
environmental performance. The new seven year extended TotalCare services
contract covers five Trent 700-powered Airbus A330s, four of which were covered
under previous TotalCare arrangements. The new EP kits will be incorporated
into the airline's Trent 700 engines over the next two years.
The Trent 700, the only engine specifically designed for the A330, remains the
market leader for the aircraft and has secured more than 70% of new orders in
the past three years. The engine delivers the best performance, lowest
emissions and lowest fuel burn on the Airbus A330.
International Aero Engines, in which Rolls-Royce is a senior partner, received
orders for V2500 engines from Yemenia, China Southern and Vietnam Airlines,
with value to Rolls-Royce of around $470 million.
The Group's defence aerospace business announced a contract to support the
Canadian Air Force CC-130J fleet, valued at more than $70 million. Rolls-Royce
is the world leader in engines for military transport aircraft and this
contract will provide Lockheed Martin with logistics support for the AE 2100D3
engines for the next six years. The contract has a potential value exceeding
USD $260 million over the life expectancy of the fleet. This is another example
of the success of our performance based logistics MissionCare, which provide
customers with more cost effective through-life support.
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.
2. As a result of this strategy, Rolls-Royce today has a broad customer base
comprising more than 600 airlines, 4,000 corporate and utility aircraft and
helicopter operators, 160 armed forces, more than 2,000 marine customers,
including 70 navies, and energy customers in nearly 120 countries, with an
installed base of 54,000 gas turbines.
3. Rolls-Royce employs over 39,000 skilled people in offices, manufacturing and
service facilities in 50 countries. The Group has a strong commitment to
apprentice and graduate recruitment, and to further developing employee skills.
4. In 2009, Rolls-Royce invested £864 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.
5. Annual underlying revenues were £10.1 billion in 2009, of which about half
came from services revenues. The firm and announced order book stood at
£58.3 billion at 31 December 2009, providing visibility of future levels
of activity.
6. Rolls-Royce has more than 1,700 Trent engines in service on more than
550 aircraft and a further 2,500 on order. Each of the six members of the
Trent family has either been the first or launch engine on the airframe, or
has gone on to take the leading market share.
7. The Group's strategy of creating a family of engines, each tailored to a
specific aircraft, has resulted in the most extensive portfolio of power
systems in the aerospace industry. Rolls-Royce provides engines for more than
30 types of civil and 39 military aircraft.
8. TotalCare long-term service agreements are adapted to customers' needs and
are now in place on more than 80 per cent of all Trent engines in service.
For further information please contact:
Investor relations:
Mark Alflatt
Director of Financial Communications
Rolls-Royce plc
Tel: +44 (0)20 7227 9285
mark.alflatt@rolls-royce.com
Media relations:
Josh Rosenstock
Head of Corporate Communications
Rolls-Royce plc
Tel: +44 (0)20 7227 9163
josh.rosenstock@rolls-royce.com
www.rolls-royce.com