17 April 2015
ROLLS-ROYCE WINS LARGEST EVER ORDER
FROM EMIRATES
Rolls-Royce has won its largest ever order, worth $9.2bn, to provide Trent 900 engines and TotalCare® service support to Emirates. The engines will power 50 Airbus A380 aircraft that will enter service from 2016.
The decision confirms the Trent 900 as the engine of choice on the four-engine A380. It has now secured more than 50 per cent market share on the aircraft, in addition to being selected by the majority of A380 customers.
John Rishton, Rolls-Royce, Chief Executive Officer, said: "The success of Emirates over the last thirty years has been extraordinary; this is in no small part thanks to the exceptional leadership of Sir Tim Clark. Rolls-Royce has been proud to have been part of this success, powering Emirates aircraft since 1996. We are delighted that Emirates has again placed its trust in our technology, with the biggest order in our history."
Sir Tim Clark, Emirates Airline, President, said: "Rolls-Royce is a key partner for Emirates and we have been impressed with its commitment to continual improvements in the economic and operational performance of the Trent 900. These improvements have been decisive factors in our selection of the product for 50 of our A380s. Today's announcement is significant not only because it cements the partnership between Emirates and Rolls-Royce, but also because of the significant economic impact that this will have on aviation manufacturing in the UK and Europe."
The Trent 900 powered the first commercial A380 in 2007 and is now used by eight operators on more than 70 aircraft, having logged over 4 million in-service flight hours. The engine offers the lowest lifetime fuel burn, with the latest version including technology developed for the Trent XWB and Trent 1000 engines.
Pictures and graphics of the Trent 900 are available at:
https://www.flickr.com/photos/rolls-royceplc/sets/72157644584629408/
About Rolls-Royce Holdings plc
1. The order announced today will result in an increase in the Group's order book of $6.1bn, in accordance with Group accounting policy.
2. Rolls-Royce's vision is to create better power for a changing world via two main business divisions, Aerospace and Land & Sea. These business divisions address markets with two strong technology platforms, gas turbines and reciprocating engines. Aerospace comprises Civil Aerospace and Defence Aerospace. Land & Sea comprises 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. Our business is focused on the 4Cs:
· Customer - placing the customer at the heart of our business
· Concentration - deciding where to grow and where not to
· Cost - continually looking to increase efficiency
· Cash - improving financial performance.
5. Annual underlying revenue was £14.6 billion in 2014, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £73.7 billion at the end of 2014.
6. In 2014, Rolls-Royce invested £1.2 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.
7. Rolls-Royce employs over 54,000 people in more than 50 countries. Over 15,500 of these are engineers.
8. 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:
Jilinda Crowley
Acting Director - Investor Relations
Rolls-Royce plc
Tel: +44 (0)20 7227 9237
Media:
Richard Wray Bill O'Sullivan
Director of External Communications Civil Aerospace Communications
Rolls-Royce plc Rolls-Royce plc
Tel: +44 (0)20 7227 9163 Tel +44 (0)1332 246162
www.Rolls-Royce.com
