Rolls-Royce Holdings plc ROLLS-ROYCE WINS NORWEGIAN ORDER WORTH $2.7 BN (5384N)
February 01 2016 - 2:00AM
UK Regulatory
TIDMRR.
RNS Number : 5384N
Rolls-Royce Holdings plc
01 February 2016
1 February 2016
Rolls-royce wins norwegian ORDER worth $2.7 BILLION
Rolls-Royce has won a $2.7bn order from Norwegian for Trent 1000
engines and TotalCare(R) long-term service support for 19 new
Boeing 787 Dreamliner aircraft.
The order also includes TotalCare for Trent 1000 engines that
will power 11 previously-announced leased Boeing 787s yet to enter
service.
Rolls-Royce will provide TotalCare with a fully comprehensive
Availability Service Solution for all 30 aircraft and this will now
also cover eight Norwegian 787s already in service.
Bjorn Kjos, Norwegian, Chief Executive Officer, said: "This
decision further develops our relationship with Rolls-Royce and we
look forward to operating aircraft powered by the latest version of
the Trent 1000, which sets new standards of performance."
Eric Schulz, Rolls-Royce, President - Civil Aerospace, said:
"This is another significant decision in favour of the Trent 1000,
an engine that delivers exceptional economics and performance. We
continue to innovate and develop new services and it is great to
see Norwegian selecting Availability Service Solutions for their
TotalCare as part of this deal."
Availability Service Solutions cover technical and engine parts
support that helps aircraft operators meet their schedules.
The airline also has options for 10 further aircraft which, if
confirmed, will be powered by the Trent 1000.
About Rolls-Royce Holdings plc
1. The order announced today will result in an increase in the
Group's order book of $1.5bn, in accordance with Group accounting
policy.
2. Rolls-Royce's vision is to be the market-leader in high
performance power systems where our engineering expertise, global
reach and deep industry knowledge deliver outstanding customer
relationships and solutions. We operate across five businesses:
Civil Aerospace, Defence Aerospace, Marine, Nuclear and Power
Systems.
3. Rolls-Royce has customers in more than 120 countries,
comprising more than 380 airlines and leasing customers, 160 armed
forces, 4,000 marine customers including 70 navies, and more than
5,000 power and nuclear customers.
4. Annual underlying revenue was GBP14.6 billion in 2014, around
half of which came from the provision of aftermarket services. The
firm and announced order book stood at GBP76.5 billion at 30 June
2015.
5. In 2014, Rolls-Royce invested GBP1.2 billion on research and
development. We also support a global network of 31 University
Technology Centres, which position Rolls-Royce engineers at the
forefront of scientific research.
6. Rolls-Royce employs over 54,000 people in more than 50
countries. Over 15,500 of these are engineers.
7. The Group has a strong commitment to apprentice and graduate
recruitment and to further developing employee skills. In 2014 we
employed 354 graduates and 357 apprentices through our worldwide
training programmes. Globally we have over 1,000 Rolls-Royce STEM
ambassadors who are actively involved in education programmes and
activities; we have set ourselves a target to reach 6 million
people through our STEM outreach activities by 2020.
For further information, please contact:
Investors:
John Dawson
Director / Head of Investor Relations
Rolls-Royce plc
Tel: +44 (0)207 227 9237
investor.relations@rolls-royce.com
Media:
Richard Wray
Director of External Communications
Rolls-Royce plc
Tel: +44 (0)20 7227 9163
richard.wray@rolls-royce.com
www.Rolls-Royce.com
This information is provided by RNS
The company news service from the London Stock Exchange
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