25 May, 2007
ROLLS-ROYCE WINS SECOND TRENT 700 ORDER FOR A330 FREIGHTER
The Rolls-Royce Trent 700 has been selected by Avion Aircraft Trading to power
eight Airbus A330-200 freighters in an order worth around $300 million at list
prices. Deliveries to the Reykjavik-based leasing company are scheduled to
begin in 2010.
Avion's customers will be offered a TotalCare® long-term service agreement
where Rolls-Royce will take full responsibility for engine management at an
agreed dollar rate per flying hour.
This order represents the second Trent 700 selection for the A330 freighter,
with a total of 14 firm aircraft now on order with two customers.
Steve Redden, Senior Vice President - Customer Business for Rolls-Royce, said:
"The Trent 700 continues to be the most popular choice for A330 operators. With
the new technology that is being introduced into the engine, Avion's customers
will benefit from significantly improved fuel burn, in addition to the
attributes that have made the engine the market leader."
David Masson, Managing Director of Avion Aircraft Trading, added: "The A330
freighter, powered by the Trent 700, will be the best solution for our
customers wanting a reliable and cost-effective widebody cargo aircraft."
The Trent 700 is the most environmentally friendly engine on the A330. It is
the quietest and cleanest option, with the greatest margin to CAEP 4
legislation. A programme of continuous improvement, involving the introduction
of the latest Trent family technology to the Trent 700, will ensure it will
offer increased benefits to customers, such as the lowest fuel burn of any
engine on the A330 freighter.
NOTE TO EDITORS:
1. The Trent 700 is the only engine on the A330 that has been specifically
designed for the aircraft, resulting in better performance, reliability and
maintenance costs. It is the market leader on the A330 with a 43 per cent
share of orders and 37 customers and operators.
2. The Trent 700 was the first engine in the Trent family to enter service, in
March 1995, and is the most powerful engine for the A330, with a maximum
in-service thrust of 72,000lb.
3. Rolls-Royce is working hard to improve the environmental impact of its
products. Each year Rolls-Royce, in collaboration with its partners,
invests around
£700 million on research and development, two thirds of which has the
objective of reducing the environmental impact of its products. The primary
technology investment area is aimed at reducing noise and emissions.
4. Avion Aircraft Trading specializes in trading and leasing wide body
freighters. The trading portfolio since its formation in 2005 consists of
30 B747-400BCF/SF/F, B777-200LRF, A300-600RF, A330-200F freighters.
For further information:
Annalie Brown
Communications Manager - Civil Aerospace
Rolls-Royce plc
Tel: +44 (0)1332 248704
Fax: +44 (0)1332 265940
Email: annalie.brown@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.