ROLLS-ROYCE HOLDINGS PLC Rolls-Royce has been selected by RwandAir to supply Trent 700 engines to power two Airbus A330 aircraft. The agreement makes RwandAir a new Rolls-Royce customer.
John Mirenge, Rwandair, Chief Executive Officer, said: "We look forward to working with Rolls-Royce as the Trent 700 delivers efficient, reliable power for new aircraft that will open up new routes to Asia and Europe.
Dominic Horwood, Rolls-Royce, Chief Customer Officer - Civil Large Engines, said: "We welcome RwandAir to the Rolls-Royce family of customers and are proud to power its first selection of widebody aircraft."
The Trent 700 delivers the best fuel burn, emissions and noise performance, resulting in market leadership on the aircraft. The engine has won more than 60 per cent of new orders over the last three years. In the A330 freighter market, the Trent 700 now accounts for 90 per cent of aircraft in service and on order.
More than 1,500 Trent 700s are now in service or on firm order, making it the largest in-service Trent engine.
- The contract is consistent with the disclosures set out in the recent market update issued by Rolls-Royce Holdings plc on 6 July 2015.
- Rolls-Royce's vision is to create better power for a changing world via two main business divisions, Aerospace and Land & Sea. These business divisions address markets with two strong technology platforms, gas turbines and reciprocating engines. Aerospace comprises Civil Aerospace and Defence Aerospace. Land & Sea comprises Marine, Nuclear and Power Systems.
- 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 more than 5,000 power and nuclear customers.
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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.
- Annual underlying revenue was £14.6 billion in 2014, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £73.7 billion at the end of 2014.
- In 2014, Rolls-Royce invested £1.2 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.
- Rolls-Royce employs over 54,000 people in more than 50 countries. Over 15,500 of these are engineers.
- The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2014 we employed 354 graduates and 357 apprentices through our worldwide training programmes. Globally we have over 1,000 Rolls-Royce STEM ambassadors who are actively involved in education programmes and activities; we have set ourselves a target to reach 6 million people through our STEM outreach activities by 2020.
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