Emi­rates picks Rolls-Royce for US$9.2 bil­lion en­gines deal

The China Post - - MARKETS -

Dubai’s Emi­rates Air­line on Fri­day awarded a record en­gines deal worth US$9.2 bil­lion (8.5-bil­lion-euro) to Bri­tish air­craft en­gine maker Rolls-Royce.

“Emi­rates has to­day an­nounced an his­toric US$9.2 bil­lion deal with Rolls-Royce for Trent 900 en­gines and a long-term To­talCare pack­age,” it said in a state­ment.

The en­gines will power 50 Air­bus A380s that were or­dered at the Dubai Air Show in 2013 and will start en­ter­ing ser­vice next year.

The deal — the big­gest ever for Roll­sRoyce, and one of the largest ever ex­port or­ders for a UK-based com­pany — was un­veiled at a press con­fer­ence in cen­tral Lon­don by Emi­rates pres­i­dent Tim Clark.

“Rolls-Royce is a key part­ner for Emi­rates and we have been im­pressed with its com­mit­ment to con­tin­ual im­prove­ments in the eco­nomic and op­er­a­tional per­for­mance of the Trent 900,” said Clark.

“Th­ese im­prove­ments have been de­ci­sive fac­tors in our se­lec­tion of the prod­uct for 50 of our A380s.

“To­day’s an­nounce­ment is sig­nif­i­cant not only be­cause it ce­ments the part­ner­ship be­tween Emi­rates and Rolls- Royce, but also be­cause of the large and sus­tained eco­nomic im­pact that this will have on avi­a­tion man­u­fac­tur­ing in the UK and Europe.”

Newspapers in English

Newspapers from Taiwan

© PressReader. All rights reserved.