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Wednesday, February 16, 2011

Rolls Locks In $2.2 Billion Emirates Deal

Rolls-Royce and Emirates Airlines have closed a $2.2 billion deal for the Middle East carrier’s A350XWB engines and their support.
The deal covers all 70 A350XWBs Emirates currently has on firm order. The TrentXWB is the only engine on offer for the Airbus widebody. Rolls says it now has 128 Emirates airliners on contract. It does not, however, provide the engines for the carrier’s huge A380 fleet; that contract is with the General Electric/Pratt & Whitney Engine Alliance.
Emirates is already a customer for the TotalCare support package, which will also cover the TrentXWB.
Rolls has kicked off the year with a series of order bookings, including one for TotalCare. The TotalCare contract for TrentXWB engines comes two months after Rolls won a $1.2 billion TotalCare contract for Trent 700 engines powering 27 Airbus A330s and Trent 800 engines powering 21 Boeing 777s.

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