Rolls-Royce agrees $600m engine deal
Rolls-Royce's ambitions in Russia were boosted today after national carrier Aeroflot placed its first ever order for the company's Trent engines.
The contract - among several secured by Rolls at this week's Paris air show - is worth US$600m (€447.7m) including aftercare. It will see Aeroflot use the Trent 700 to power its new fleet of 10 leased Airbus A330s.
Rolls has secured other deals in Russia in the past, but today's announcement is the first in the country for the company's Trent family of engines.
Nick Devall, executive vice president, said: "This is an important strategic order which gives the Trent a sound base on which to expand its presence in the Russian market. We're looking forward to working closely with Aeroflot as they develop their plans for the new fleet."
Rolls described the Trent 700 as the quietest and cleanest option for the A330, adding that it had taken 45% of orders for this type of plane.
Yesterday, the Bristol-based company unveiled the biggest-ever order yet for its civil aerospace division. The £2.8bn (€4.15bn) deal will see Rolls supply and maintain Trent engines for Qatar Airways' new fleet of 80 Airbus A350 twinjet aircraft.
The delivery of engines for the Qatar contract will begin in 2013, although there has been no definite decision over where the engines will be assembled. The company's UK assembly base is in Derby, with other operations in Dahlewitz, Germany, and Indianapolis in the US.
Rolls-Royce also landed another order from US Airways worth more than £900m (€1.33bn) for Trent engines to power 22 A350 aircraft, due for delivery from 2014 onwards.
