21st Nov 2005 11:30
21 November, 2005 ROLLS-ROYCE TRENT 1000 ENGINES SELECTED BY LCAL TO POWER BOEING 787 FLEET Newly-launched aircraft leasing company, LCAL (Low Cost Aircraft Leasing), hasannounced its selection of the Rolls-Royce Trent 1000 engine to power sixBoeing 787 Dreamliners. The value of the engine deal alone is $160 million atlist prices, Rolls-Royce said today at the Dubai Air Show.In addition, the engines will be covered by a TotalCare (TCA) service agreementwhich gives lifetime protection for each powerplant and is portable betweenLCAL's customers.LCAL is the first leasing company to order the Trent-powered 787 and deliveriesare scheduled to begin in 2009.Mike Terrett, President - Civil Aerospace at Rolls-Royce, said: "The Trent1000 - powered Boeing 787 will enable LCAL to offer customers high levels ofefficiency and superior economics across a range of routes, and over thelifecycle of their fleet. LCAL recognises the benefit under lifetime TCA ofbeing able to transfer aircraft between lessees without having to worry aboutreturn conditions on the engines. This will speed up the business process,leading to lower costs and less administrative burden."The emergence of LCAL demonstrates the opportunities inherent in today'smarketplace and we're delighted to be involved with this exciting new ventureat an early stage in its development."Clive Joy, Chairman and Chief Executive of LCAL commented: "The evolutionarydevelopment of the Trent family means that the Trent 1000 provides us with thebest balance between innovative new technology and proven capabilities. Inaddition, TotalCare fits ideally into our business model of providing apredictable, cost effective solution to our customers and will help to positionus as the leasing company of choice for the 787."NOTE TO EDITORS 1. LCAL is a newly-launched aircraft leasing company based in Hong Kong. It is aiming to provide low cost lease terms on the 787 to airlines worldwide. 2. The Trent 1000 is the launch engine for the Boeing 787. It is due to fly for the first time on the Rolls-Royce flying test bed in the first quarter of 2007. Certification is scheduled for Summer 2007, shortly before the 787's first flight. The Trent 1000 will enter into service on the 787 with ANA (All Nippon Airways) in mid-2008. 3. The Trent 1000 is the fifth member of the Trent series, the first of which entered service in 1995. By the time the Trent 1000 flies, previous versions of the Trent will have accumulated around 35 million flying hours. 4. The Trent 1000 has also been selected by ANA (All Nippon Airways), Air New Zealand, Northwest Airlines and LOT Polish Airlines. 5. Risk and revenue sharing partners on the Trent 1000 programme are Carlton Forge Works, Goodrich Corporation, Hamilton Sundstrand, Industria de Turbo Propulsores (ITP), Kawasaki Heavy Industries (KHI) and Mitsubishi Heavy Industries (MHI). 6. TotalCare agreements, tailored for individual customers, offer a range of services extending to aspects of support such as provision of lease engines, as well as repair and overhaul. Rolls-Royce takes full responsibility for care of the engine fleet in return for payment by the customer of an agreed dollar rate per flying hour. For further information contact:Annalie BrownCommunications Manager - Civil AerospaceRolls-RoyceDerby, UKTel: +44 (0)1332 248704Mob: +44 (0)7966 878229Email: [email protected] GROUP PLCRelated Shares:
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