Rolls-Royce signs £1.4bn contract
Tuesday 15 February 2011
Rolls-Royce signed a long-term services contract worth $2.2bn (£1.4bn) with Dubai's national airline, Emirates, yesterday.
The agreement under its TotalCare scheme will see Rolls-Royce technicians maintain the Trent engines of 70 Airbus aircraft that Emirates will take delivery of in the next few years.
It follows a $1.2bn contract in November to service engines on 48 Emirates aeroplanes which are already being flown or are on order. The deal brings to 128 the number of Emirates jets under Rolls's TotalCare contract.
The aero-engine maker faced a crisis in November when one of its Trent 900 engines exploded in mid-air, forcing a Qantas superjumbo flying between Singapore and Sydney into an emergency landing.
Rolls-Royce revealed earlier this month that the incident cost it £56m, contributing to a 20 per cent fall in underlying profits at its civil aerospace arm last year.
- 1 Russell Brand accuses FOX News anchor Sean Hannity of terrorism after aggressive Israel-Gaza debate
- 2 Pope Francis issues top 10 tips for happiness
- 3 Disney heiress Abigail disowns her share of family profits in West Bank company
- 4 The secret report that helps Israel hide facts
- 5 Now diplomacy has failed, boycotting Israel might be the only way we can protect the people of Gaza
Russell Brand accuses FOX News anchor Sean Hannity of terrorism after aggressive Israel-Gaza debate
Pope Francis issues top 10 tips for happiness
Justin Bieber posts Instagram photo of Orlando Bloom crying after Ibiza fight 'over Miranda Kerr'
Disney heiress Abigail disowns her share of family profits in West Bank company
Kelsey Grammer forgives the man who raped and murdered his sister in 1975
The secret report that helps Israel hide facts
Land for gas: Merkel and Putin discussed secret deal could end Ukraine crisis
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Boozy, ignorant, intolerant, but very polite – Britain as others see us
- < Previous
- Next >
iJobs Money & Business
£28000 - £32000 per annum + benefits: Ashdown Group: Training Programme Manage...
£20000 - £24000 per annum: Harrington Starr: A leading provider of web based m...
£28000 - £32000 per annum: Ashdown Group: Secretary (Sales Team Support) - Mat...
Competitive (DOE): Guru Careers: We are looking for an Assistant Management Ac...