REG-Rolls-Royce Grp Plc: Re Contract
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November 2, 2009
ROLLS-ROYCE WINS $350 MILLION ORDER FROM TURKISH FLAG CARRIER FOR ADDITIONAL
TRENT 700 ENGINES
Rolls-Royce, the global power systems company, has won a $350m order, at list
prices, for Trent engines to power five Airbus A330 aircraft for Turkish
Airlines (Turk Hava Yollari). The contract includes long-term TotalCare service
support. Aircraft deliveries will start in 2010. This follows the July 2009
announcement that Trent 700 engines will also power seven THY A330 aircraft, a
contract valued at $470m at list prices.
Candan Karlitekin, Chairman Turkish Airlines, said: "We are pleased to make a
second selection for Rolls-Royce engines for our A330 fleet. The aircraft
represents an exciting new phase of development for the airline and our
shareholders. The commitment of Rolls-Royce in supporting our ambitions is an
important factor in our plans."
Nick Devall, Rolls-Royce Executive Vice President - Customer Business, said:
"We are delighted that Turkish Airlines has again chosen Rolls-Royce technology
to power additional A330 aircraft. The Trent 700 is a market leader and we are
committed to working closely with the airline as they continue to develop their
fleet."
The Trent 700, the only engine specifically designed for the A330, remains the
market leader for the aircraft, achieving more than 70 per cent of new orders
over the last three years.
The THY aircraft will feature an enhanced performance version of the Trent 700
which improves engine performance by a further 1.3 per cent - confirming its
position on the A330 as best for fuel burn and emissions as well as thrust and
noise.
The latest THY order for Trent 700 engines will cover three A330 passenger
aircraft and two A330 freighter aircraft.
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. In each
sector, Rolls-Royce offer value-added long-term service agreements for
customers and operators.
2. In 2008, Rolls-Royce and its partners invested £885 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.
3. Annual underlying revenues were £9.1 billion in 2008, of which 52 per cent
came from services revenues. The firm and announced order book stood at
£57.5 billion at 30 June 2009, providing visibility of future levels of
activity.
For further information please contact
Mark Alflatt
Director of Financial Communications
Tel: +44 (0)20 7227 9285
mark.alflatt@rolls-royce.com
Nicky Louth-Davies
Director of Corporate Communications
Tel: +44 (0)20 7227 9232
nicky.louth-davies@rolls-royce.com
Web www.rolls-royce.com
END
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