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article imageRolls Royce signs aircraft engine contracts worth $2 billion

By Jane Fazackarley     Nov 15, 2009 in Business
Rolls Royce has announced its has secured orders worth $2 billion. The UK firm will be making engines for Airbus planes that will be used by Air China and Ethiopian Airlines.
The announcement of the new business came as the Dubai Airshow began this weekend.
Rolls Royce will make 20 engines for the Trent A330 model and the order is set to be completed in 2011. The Ethiopian Airlines order is due for service in 2017.
Rolls Royce has a number of plants in Britain and engine parts are made at its Sunderland factory.
The Air China order is worth $1.5 billion and the Ethiopian Airlines order totals $480 million.
The contract means Rolls Royce has now sold more than 1,000 of its XWB engine. The engine is said to be more environmentally friendly than some other models.
In a statement on the Rolls Royce website, Phil Harris, Rolls-Royce Senior Vice President Customer Business said, “We are delighted that Air China is again turning to Trent engine technology. It offers Air China many advantages, such as the ability to maximise capacity at hot and high altitude airports, minimise fuel costs and benefit from the Rolls-Royce TotalCareâ comprehensive long-term support package.”
Girma Wake, CEO for Ethiopian Airlines commented on the new contract, saying, "As one of Africa’s leading airlines, we constantly seek to improve our range and frequency of international services to meet growing passenger demand. Our selection of low fuel burn Trent technology will enable us to do this in the most cost-effective way.
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