ROLLS-ROYCE HOLDINGS PLC: Rolls-Royce Wins US$2.6bn Order From Singapore Airlines
ROLLS-ROYCE HOLDINGS PLC: Rolls-Royce Wins US$2.6bn Order From Singapore Airlines October 24, 2012
ROLLS-ROYCE WINS US$2.6BN ORDER FROM SINGAPORE AIRLINES Rolls-Royce, the global power systems company, has won a US$2.6bn order, at list prices, from Singapore Airlines for Trent engines to power 20 Airbus A350-900 and five Airbus A380 aircraft. The order includes long-term TotalCare® service support. Nick Devall, Rolls-Royce Chief Commercial Officer - Civil Aerospace, said: "We are very pleased that Singapore Airlines has continued to select Trent engines. This order further demonstrates the airline's commitment to both Trent XWB and Trent 900 technology and our comprehensive TotalCare ® support services. We look forward to continuing our long-standing relationship with Singapore Airlines." The Trent 900 powers the Airbus A380 and has been selected by 11 of 17 airlines who operate the aircraft. The Trent XWB, which flew on a flying test bed for the first time in February 2012, will power the Airbus A350. It is the fastest-selling Trent family member with more than 1,100 engines sold to 34 customers worldwide. Singapore Airlines is a significant customer for Rolls-Royce. It currently operates 19 Airbus A380s powered by Trent 900 engines and 19 Airbus A330s powered by Trent 700 engines. The order for 20 A350-900 aircraft announced today follows Singapore Airlines' June 2007 order of 20 Airbus A350-900 aircraft, taking the total order to 40 A350 aircraft to be powered by Trent XWB engines. Notes to Editors: 1. Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy. 2. As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 500 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 4,000 marine customers, including 70 navies, and energy customers in more than 80 countries. 3. Annual underlying revenue was £11.3 billion in 2011, of which more than half came from the provision of services. The firm and announced order book stood at £60.1 billion at 30 June 2012, providing visibility of future levels of activity. 4. Rolls-Royce employs over 40,000 people in offices, manufacturing and service facilities in over 50 countries. Over 11,000 of these employees are engineers.
5. In 2011, Rolls-Royce invested £908 million on research and development, two
thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions. 6. Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company's engineers with the forefront of scientific research. 7. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. For further information, please contact: Investors:
Simon Goodson Director - Investor Relations Rolls-Royce plc Tel: +44 (0)20 7227 9237 firstname.lastname@example.org
Josh Rosenstock Director of External Communications Rolls-Royce plc Tel: +44 (0)20 7227 9163 email@example.com
-0- Oct/24/2012 10:37 GMT