Rolls-Royce Trent 1000 Selected By Norwegian

RNS Number : 8255T

Rolls-Royce Holdings plc

09 October 2014

 



9 October 2014

ROLLS-ROYCE TRENT 1000 SELECTED AGAIN BY NORWEGIAN

Norwegian has selected Rolls-Royce Trent 1000 engines for nine additional leased Boeing 787-9 Dreamliner aircraft.

This brings the total number of Norwegian's Trent 1000-powered Boeing 787 Dreamliners to 17. All of the engine sales are already accounted for in the Rolls-Royce orderbook.

In addition, the airline has also ordered long-term TotalCare® service support for engines powering the nine aircraft, worth $440m.

The leased aircraft will be powered by the latest version of the Trent 1000, the Trent 1000-TEN, which will deliver the best lifetime fuel burn performance on the aircraft.

Tore Jenssen, Norwegian, Chief Operating Officer, said: "This decision continues our excellent relationship with Rolls-Royce. We have been very pleased with the Trent 1000 in-service performance and we look forward in particular to operating the Trent 1000-TEN engine which will set new standards on the aircraft."

Dominic Horwood, Chief Customer Officer, Rolls-Royce, Civil Large Engines, said: "The Trent 1000 is delivering excellent fuel burn economics and the best reliability performance on the Boeing 787 Dreamliner. We are very pleased that Norwegian has once again chosen us to support its fleet expansion."

The Trent 1000 delivers exceptional environmental performance on the Boeing 787 Dreamliner with the best through-life fuel efficiency, lowest emissions and lowest noise.

About Rolls-Royce Holdings plc

1.   The order announced today will result in an increase in the Group's order book of $134m, in accordance with Group accounting policy. The Trent 1000 engines for the nine leased aircraft were already accounted for in the order book at the time of the sale to the aircraft leasing companies.

2.   Rolls-Royce's vision is to create better power for a changing world via two main business segments, Aerospace and Marine & Industrial Power Systems (MIPS). These business segments address markets with two strong technology platforms, gas turbines and reciprocating engines, for use on land, at sea and in the air.

3.   Aerospace comprises Civil Aerospace and Defence Aerospace. MIPS comprises Marine, Nuclear & Energy and Power Systems (RRPS). On 6 May 2014 Rolls-Royce announced it had signed an agreement to sell its Energy gas turbine and compressor business to Siemens for a £785m cash consideration. On completion, expected before the end of December 2014, Rolls-Royce will receive a further £200 million for a 25 year licensing agreement.

4.   Rolls-Royce has customers in more than 120 countries, comprising more than 380 airlines and leasing customers, 160 armed forces, 4,000 marine customers, including 70 navies, and 1,600 energy and nuclear customers.

5.   Our business is focused on the 4Cs:

·     Customer - placing the customer at the heart of our business

·     Concentration - deciding where to grow and where not to

·     Cost - continually looking to increase efficiency

·     Cash - improving financial performance.

6.   Annual underlying revenue was £15.5 billion in 2013, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £70.4 billion at 30 June 2014.

7.   In 2013, Rolls-Royce invested £1.1 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.

8.   Rolls-Royce employs over 55,000 people in 45 countries. Over 17,000 of these are engineers.

9.   The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2013 we employed 379 graduates and 288 apprentices through our worldwide training programmes. Globally we have over 1,000 Rolls-Royce STEM ambassadors who are actively involved in education programmes and activities; we have set ourselves a target to reach 6 million people through our STEM outreach activities by 2020.

For further information, please contact:

Investors:

Simon Goodson
Director, Investor Relations

Rolls-Royce plc

Tel:      [phone]

Email: [e-mail]

Media:

Richard Wray
Director of External Communications

Rolls-Royce plc
Tel:      [phone]
Mobile [phone]
Email:  [e-mail]

www.Rolls-Royce.com

 

 

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