Company Watch - Rolls-Royce.
Rolls-Royce will supply engines for the 50 ERJ-145s ordered by Hainan Airlines Group. The order, which includes 100 engines and long-term TotalCare services, is valued at $500 million. Sep 15, 2006
Rolls-Royce has agreed to supply aircraft engines to Chinese carrier Hainan Airlines in a deal which could be worth more than [pounds sterling]265m. The manufacturer will supply 100 engines for use in aircraft built by Embraer from next year, while it already has a contract to supply engines to Hainan for use in seven Airbus A330 ordered in July. Its engines are currently used by ten Chinese airlines and further demand is expected as air travel increases across that huge country. The $800 million deal for Trent 1000s to power its fleet of 15 787s scheduled to begin delivery in June 2008. The agreement includes a long-term TotalCare maintenance package. The Asian aviation market is set to underpin Rolls-Royce's overall growth over the next 20 years, with global demand for 6,500 engines forecast by 2026. http://www.rolls-royce.com Sep 14, 2006
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|Date:||Sep 18, 2006|
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