Last checked at 14 Feb 2012 07:00
14 February 2012 ROLLS-ROYCE WINS $210M ORDER FROM AIR PACIFIC
Rolls-Royce, the global power systems company, has won an order worth $210m, at list prices, from Fiji's national carrier Air Pacific for Trent 700 engines to power three Airbus A330 aircraft. This is the first time Air Pacific has selected Rolls-Royce engines and the contract includes long-term TotalCare® service support.
Announcing the order today at the Singapore Airshow, Dave Pflieger, Managing Director & CEO, Air Pacific, said: "The A330s will be our first new widebody aircraft, so the Trent 700 engines represent an exciting and significant investment in leading-edge operational technology and support service for the future of our business. Theseengineswill provide high-quality environmental performance, with low emissions, noise and fuel burn- something our company and customers value.We look forward to a great partnership with a company known for its commitment to excellence."
Bruce Blythe, Rolls-Royce, Senior Vice President - Civil Aerospace, said: "We are delighted Air Pacific is putting trust in our world leading technology and support services for such an important fleet replacement. We look forward to a long and mutually rewarding relationship with the airline."
The Trent 700, the only engine specifically designed for the A330, is the market leader for the aircraft, with more than 1,400 either in service or on order. It has won more than 75 per cent of new orders over the last three years.
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 revenues were £11.3 billion in 2011, of which more than half came from the provision of services. The firm and announced order book stood at £62.2 billion at 31 December 2011, providing visibility of future levels of activity.
4. Rolls-Royce employs 40,400 skilled 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.
8. Air Pacific and its subsidiary Pacific Sun together fly over 400 flights per week. The company operates Boeing 747, and Boeing 737 aircraft from Fiji to 15 cities in 10 countries. Destinations include Hong Kong, USA, Australia, New Zealand, Samoa, Tonga, Tuvalu, Kiribati, Vanuatu, and Solomon Islands. Air Pacific aircraft bring in 68 percent of all visitors who fly to Fiji. The company employs over 790 employees, earns revenues of F$600 million, and directly contributes a significant portion of the country's Gross Domestic Product (GDP). Pacific Sun operates a combination of ATR 42-500s and De Havilland Twin Otter aircraft on Fiji's 10 domestic island routes and regional flights to Tonga, Tuvalu and Vanuatu.
For further information, please contact:
Investors: Simon GoodsonDirector - Investor RelationsRolls-Royce Holdings PLCTel: +44 (0)20 7227 9237simon.goodson@rolls-royce.comMedia:Josh RosenstockDirector of External CommunicationsRolls-Royce Holdings PLCTel: +44 (0)20 7227 9163josh.rosenstock@rolls-royce.com
www.Rolls-Royce.com
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