Tuesday, 19 April 2016

Caption: Left to right: Rolls-RoycePresident - Civil Aerospace Eric Schulz; CEO of Garuda Indonesia, Arif Wibowo; UK Prime Minister David Cameron; Airbus COO Tom Williams and President of Indonesia, His Excellency Joko Widodo pictured after signing the deal at 10 Downing Street in London.

Rolls-Royce has won an order worth $1.2 billion for Trent 7000 engines and TotalCare® service support from Garuda Indonesia. The engines will power 14 Airbus A330neo aircraft.

The order was signed during a visit by the President of Indonesia, His Excellency Joko Widodo, to the United Kingdom.

The order was signed in London by Mr M. Arif Wibowo, President and Chief Executive Officer, Garuda Indonesia, and Eric Schulz, Rolls-Royce, President - Civil Aerospace, and welcomed by Mr Widodo and UK Prime Minister David Cameron.

The Trent 7000, the exclusive power plant for the A330neo, is the seventh member of the Trent family which has become the engine of choice in the wide body market over the last 20 years. The Trent 7000 is scheduled to enter service in 2017.

The order replaces an existing order for seven A330-300 aircraft powered by Trent 700 engines. In recognition of the longer term growth potential of Garuda and Indonesian civil aviation, both parties also agreed to explore maintenance co-operation and skills development opportunities.

Mr Schulz said: 'Indonesia has great economic prospects and we are committed to supporting its future growth in air travel. This year marks the 20th anniversary since we first provided Trent engines to Garuda Indonesia and we are proud to power this latest expansion to their fleet with the very latest member of our Trent engine family. In creating this family, we have benefitted from UK investment in innovation across materials, aerodynamics, noise, control systems and manufacturing technologies.'

Mr Wibowo said: 'This contract further deepens our relationship with Rolls-Royceand we look forward to bringing these new aircraft into service.'

Mr Cameron said: 'This deal underlines the increasing importance of our ties with Indonesia - a fast growing economy and set to become the seventh largest in the world by 2030.

'We are the fifth biggest investor in Indonesia and our relationship has more untapped potential. We want to encourage more British businesses to seize on these opportunities and we will continue to support them by banging the drum for British skills and expertise.'

The Trent 7000 brings together:

  • Experience from the Trent 700 - the engine of choice for the Airbus A330
  • Architecture from the Trent 1000 TEN - the latest version of the Trent 1000 engine
  • Latest technology from the Trent XWB - the world's most efficient large civil engine

Garuda Indonesia currently operates 24 Trent 700-powered A330 aircraft with a further two on order.

About Rolls-RoyceHoldings plc

  1. Rolls-Royce's vision is to be the market-leader in high performance power systems where our engineering expertise, global reach and deep industry knowledge deliver outstanding customer relationships and solutions. We operate across five businesses: Civil Aerospace, Defence Aerospace, Marine, Nuclear and Power Systems..
  2. Rolls-Royce Power Systems is headquartered in Friedrichshafen in southern Germany and employs around 10,000 people. The product portfolio includes MTU-brand high-speed engines and propulsion systems for ships, power generation, heavy land, rail and defence vehicles and for the oil and gas industry. Under the MTU Onsite Energy brand, the company markets diesel gensets for emergency, base load and peak load applications as well as cogeneration plants using gas engines for the combined generation of heat and power. Bergen medium-speed engines power ships and power generation applications. L'Orange completes the portfolio with fuel injection systems for large engines.
  3. Rolls-Royce has customers in more than 120 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 4,000 marine customers including 70 navies, and more than 5,000 power and nuclear customers.
  4. We have three common themes across all our businesses:
    • Investing in and developing engineering excellence
    • Driving a manufacturing and supply chain transformation which will embed operational excellence in lean, lower-cost facilities and processes
    • Leveraging our installed base, product knowledge and engineering capabilities to provide customers with outstanding service through which we can capture aftermarket value long into the future.
  6. Annual underlying revenue was £13.4 billion in 2015, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £76.4 billion at the end of 2015.
  7. In 2015, Rolls-Royce invested £1.2 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royceengineers at the forefront of scientific research..
  8. Rolls-Royce employs over 50,000 people in more than 46 countries. Nearly 15,700 of these are engineers.
  9. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2015 we employed 228 graduates and 277 apprentices through our worldwide training programmes.

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Rolls-Royce Holdings plc issued this content on 19 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 April 2016 15:23:14 UTC

Original Document: http://www.rolls-royce.com/media/press-releases/yr-2016/pr-19a-04-2016-rr-wins-billion-order-from-garuda-indonesia.aspx