LONDON -(Dow Jones)- Rolls-Royce PLC (RR.LN), the global power systems company, has won an order for Trent 700 engines worth $720 million, at list prices, to power ten Virgin Atlantic Airbus A330 aircraft; the contract includes long-term TotalCare service support.
MAIN FACTS:
-The Trent 700, the only engine specifically designed for the aircraft, has won more than 70% of new orders over the last three years.
-Trent 700 engines will power six A330s ordered by Virgin Atlantic and four provided by aircraft leasing company AerCap, increasing the total number of AerCap Rolls-Royce powered A330 aircraft to 23. Deliveries will start in 2011.
-The order continues a strong relationship with Virgin Atlantic, which first ordered Rolls-Royce engines in 1997.
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com