Rolls-Royce wins US$1.5b engine order with China Eastern Airlines
Rolls-Royce said it won a US$1.5b order for its Trent 700 engines from China Eastern Airlines to power 15 of the carrier's Airbus A330 aircraft. Rolls-Royce said its Trent 700 engine had been chosen for about 70% of new A330 orders over the last 5 years. That engine, however, is behind some of the company's current difficulties - its profit is forecast to more than halve this year - as some airline customers wait for the newer, more fuel efficient Trent 7000, which powers the A330neo, leading to lower pricing on the Trent 700. Rolls-Royce said under the deal announced Wednesday it would also provide China Eastern with maintenance services for the engines as part of its TotalCare offering. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-08-25/sky/rolls-royce-wins-us-1-5b-engine-order-with-china-eastern-airlines
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Rolls-Royce wins US$1.5b engine order with China Eastern Airlines
Rolls-Royce said it won a US$1.5b order for its Trent 700 engines from China Eastern Airlines to power 15 of the carrier's Airbus A330 aircraft. Rolls-Royce said its Trent 700 engine had been chosen for about 70% of new A330 orders over the last 5 years. That engine, however, is behind some of the company's current difficulties - its profit is forecast to more than halve this year - as some airline customers wait for the newer, more fuel efficient Trent 7000, which powers the A330neo, leading to lower pricing on the Trent 700. Rolls-Royce said under the deal announced Wednesday it would also provide China Eastern with maintenance services for the engines as part of its TotalCare offering. <br/>
