3rd Jul 2009 11:42
3 July 2009
ROLLS-ROYCE WINS $470M TRENT ORDER FROM TURKISH FLAG CARRIER
Rolls-Royce, the global power systems company, has won a $470m order, at list prices, for Trent engines to power seven aircraft from Turkish Airlines (Turk Hava Yollari). The contract includes long-term TotalCare® service support.
The order, for Trent 700EP engines for Airbus A330 aircraft, is part of the Turkish flag carrier's strategy to expand its fleet and improve its economics, efficiency and environmental performance. Aircraft deliveries will start in 2010.
Candan Karlitekin, Chairman Turkish Airlines, said: "Today THY and Rolls-Royce paved the way towards creating genuine value for Turkish civil aviation. New Turkish Airbus A330s are powered by the Trent 700EP and benefits will trickle down to all stakeholders. Turkish Airlines passengers will enjoy a great service with great engines on wing. We envisage a bright future for THY and Rolls-Royce has shown a real interest and commitment in contributing to this."
Nick Devall, Rolls-Royce Executive Vice President - Customer Business, said: "I am delighted that Turkish Airlines has selected the Trent for its new A330 aircraft and we look forward to providing them with a world class service."
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 Trent 700EP version of the engine continues to improve engine performance by a further 1.3 per cent - confirming its position as best for fuel burn and emissions as well as thrust and noise on the A330.
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 of these sectors, Rolls-Royce offers 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 noise
and emissions.
3. Annual sales were £9.1 billion in 2008, of which 52 per cent came from
services revenues. The firm and announced order book at the end of 2008
stood at £55.5 billion, providing visibility of future levels of activity.
For further information please contact:
Mark AlflattDirector of Financial CommunicationsTel: +44 (0)20 7227 [email protected] PriceInvestor Relations ManagerTel: +44 (0)20 7227 [email protected]
mapperRelated Shares:
Rolls-Royce