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Re Contract

7th Feb 2006 09:38

7 February, 2006 ICELANDAIR SELECTS ROLLS-ROYCE TRENT 1000 FOR BOEING 787s Icelandair, part of FL Group, has selected the Rolls-Royce Trent 1000 engine topower its new fleet of Boeing 787 Dreamliners.The order, potentially worth up to US$650 million at list prices, is forengines to power two firm aircraft, plus up to five purchase rights, andincludes a lifetime TotalCare‚® maintenance agreement. Deliveries are scheduledto begin in 2010.Jƒ³n Karl ƒâ€œlafsson, President and Chief Executive Officer of Icelandair, said:"Rolls-Royce has provided a solution which is clearly the best option forIcelandair. We are confident the Trent 1000 will deliver competitive cost ofownership with strong reliability levels and, through TotalCare, will besupported by the most comprehensive maintenance service available in theindustry today."Nick Devall, Executive Vice President, Civil Large Engines at Rolls-Royce,added: "The partnership of the Boeing 787 and the Trent 1000 will enableIcelandair to grow its international route network while offering world-bestlevels of technical efficiency and operating economics. This selection marksthe continuation of a long and fruitful relationship between Icelandair andRolls-Royce."Firm orders have now been placed for 87 Trent 1000-powered Boeing 787s. Theengine has also been selected by launch customer ANA (All Nippon Airways), AirNew Zealand, Northwest Airlines, LOT Polish Airlines and newly formed leasingcompany, LCAL.NOTE TO EDITORS 1. Icelandair and Rolls-Royce have been working together since 1957 when the airline introduced the Vickers Viscount, powered by Dart engines. Since then, Icelandair has operated a number of Rolls-Royce powered aircraft, including Fokker F27 Friendships (Dart), Canadair CL-44s (Tyne) and Boeing 757s (RB211-535). 2. The Trent 1000 is the launch engine for the Boeing 787. It will run for the first time this month and is due to make its maiden flight 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 in 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 begins commercial operations, previous versions of the Trent will have accumulated around 30 million flying hours. 4. 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). 5. TotalCare agreements, tailored to meet the business requirements of individual customers, offer a range of services covering all aspects of engine support including engine fleet management, inventory management, repair and overhaul, provision of lease engines and line-side support. 6. FL group is an investment company with an emphasis on investments in the flight and tourism industry. Through its hub in Iceland, Icelandair's international route network connects 22 major cities in Europe and the United States. For further information contact:Annalie BrownCommunications Manager - Civil AerospaceRolls-RoyceDerby, UKTel: +44 (0)1332 248704Email: [email protected] GROUP PLC

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