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ROLLS-ROYCE SELECTED BY ANA TO PROVIDE TRENT ENGINES WORTH $1.1BN
Rolls-Royce has been selected by All Nippon Airways (ANA) to provide Trent 1000 engines, worth $1.1bn, to power 25 Boeing 787 Dreamliner aircraft.
The airline already has 55 of the aircraft in service or on order, all powered by the Trent 1000.
The engine, which offers the best lifetime fuel burn performance on the 787 Dreamliner, powered the very first 787 Dreamliner into service with ANA in 2011. Trent 1000s have now completed over 220,000 in-service flying hours with an engine dispatch reliability of better than 99.9% - the best ever reliability figures for a widebody engine on entering airline service.
Mr. Hiroyuki Ito, Senior Executive Vice President, ANA, said: "We are pleased to once again select the Trent 1000 to power this extension of our 787 Dreamliner fleet. It has served us very well through our entry into service and we have received excellent customer support throughout from Rolls-Royce."
Dominic Horwood, Chief Customer Officer, Rolls-Royce, Civil Large Engines, said: "We are proud that ANA, the launch customer for the 787 Dreamliner, has continued to demonstrate its confidence in the performance and economics of the Trent 1000."
About Rolls-Royce Holdings plc
1. Rolls-Royce's vision is to create better power for a changing world via two main business segments, Aerospace and Marine & Industrial Power Systems (MIPS). These business segments address markets with two strong technology platforms, gas turbines and reciprocating engines, for use on land, at sea and in the air.
2. Aerospace comprises Civil Aerospace and Defence Aerospace. MIPS comprises Marine, Energy & Nuclear and Power Systems. Rolls-Royce currently has 50% ownership of Rolls-Royce Power Systems (RRPS), a collaboration with Daimler AG. RRPS was fully consolidated in the results of Rolls-Royce Holdings plc for the first time in 2013. On 7 March, 2014, Daimler announced their intention to exercise their put option to sell their 50% share in RRPS to Rolls-Royce Holdings plc.
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 1,600 energy 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 £15.5 billion in 2013, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £71.6 billion at 31 December 2013.
6. In 2013, Rolls-Royce invested £1.1 billion on research and development. We also support a global network of 29 University Technology Centres, which position Rolls-Royce engineers with the forefront of scientific research.
7. Rolls-Royce employs over 55,000 people in 45 countries. Over 17,000 of these are engineers.
8. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2013 we employed 379 graduates and 288 apprentices through our worldwide training programmes.
Simon Goodson Richard Wray
Director - Investor Relations Director of External Communications
Rolls-Royce plc Rolls-Royce plc
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