Re Contract

RNS Number : 7921H

Rolls-Royce Holdings plc

25 June 2013

 



25 June, 2013

ROLLS-ROYCE WINS $1BN ORDER FROM SCANDINAVIAN AIRLINES SYSTEM

Rolls-Royce has won an order worth $1 billion, at list prices, from Scandinavian Airlines System (SAS) for Trent XWB and Trent 700 engines and long term TotalCare® services.

The Trent XWBs will power eight Airbus A350-900 aircraft and the Trent 700s will power four A330-300s.

Rickard Gustafson, SAS Group President and CEO, said: "Today, we launch an extensive fleet renewal plan that gives SAS a state of the art long haul fleet. To maximize the fuel efficiency and reach of our aircraft, we have selected engines from Rolls-Royce. I'm very pleased with Rolls-Royce as our engine partner, who will contribute to offering our customers a comfortable and efficient journey."

Eric Schulz, Rolls-Royce, President - Civil Large Engines, said: "This is a significant order for the Trent XWB, the most efficient engine in the world today, and the Trent 700, which is a clear market leader. We look forward to developing our relationship with SAS."

The Trent XWB, specifically designed for the Airbus A350 XWB, is the fastest selling Trent engine ever, with more than 1,400 already on order. It powered the first test flight of the A350 XWB at Toulouse on 14 June this year.

The Trent 700 is the market leader on the A330 with more than 1,500 sold or on order. It has won 70 per cent of new orders in the last four years.

SAS currently operates four Trent 700-powered A330s. 

Notes to Editors:

1.         Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy.

2.         As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 300 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 4,000 marine customers, including 70 navies, and energy customers in more than 80 countries.

3.         Annual underlying revenue was £12.2 billion in 2012, of which more than half came from the provision of services. The firm and announced order book stood at £60.1 billion at 31 December 2012, providing visibility of future levels of activity.

4.         Rolls-Royce employs over 45,000 people in offices, manufacturing and service facilities in over 50 countries. Over 14,000 of these employees are engineers.

5.         In 2012, Rolls-Royce invested £919 million on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.

6.         Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company's engineers with the forefront of scientific research.

7.         The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.

For further information, please contact:

Investors:                                                                   

Simon Goodson                                                      

Director - Investor Relations                                    

Rolls-Royce plc

Tel: [phone]                                          

[e-mail]                             

Media:

Jane Terry

Director of External Communications

Rolls-Royce plc     

Tel: [phone]       

[e-mail]

www.rolls-royce.com

 

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