Rolls-Royce Secures $1.8 Billion Deal with Air China for Airbus Aircraft Engines

Air China, one of China's largest airlines, has placed a major order with Rolls-Royce, the world's second-largest maker of aircraft engines, for 20 Airbus long-haul aircraft. The deal is worth 1.1 billion yuan ($1.8 billion) at list prices and comes after Air China's rival China Eastern Airlines placed a similar order with Rolls-Royce earlier this month. The order includes Trent XWB engines for 10 Airbus A350 XWB aircraft and Trent 700 engines for 10 Airbus A330 planes. This deal marks the fourth time Air China has selected Rolls-Royce engines for its fleet, with the airline now operating 78 Trent-powered aircraft or having them on order.

Key Takeaways:

• Rolls-Royce has secured a $1.8 billion deal with Air China to supply engines for 20 Airbus long-haul aircraft.
• The order includes Trent XWB engines for 10 Airbus A350 XWB aircraft and Trent 700 engines for 10 Airbus A330 planes.
• This is the fourth time Air China has selected Rolls-Royce engines for its fleet, with the airline now operating 78 Trent-powered aircraft or having them on order.
• The deal comes after Air China's rival China Eastern Airlines placed a similar order with Rolls-Royce earlier this month.
• The order was announced amidst safety concerns over Rolls-Royce engines after one of its engines exploded in mid-air, forcing a Qantas Airline plane to make an emergency landing.

Statistics:

• The deal is worth 1.1 billion yuan ($1.8 billion) at list prices.
• Rolls-Royce will supply engines for 20 Airbus long-haul aircraft.
• Air China's Trent-powered fleet now stands at 78 aircraft either in service or on order, with this order marking the fourth time the airline has selected Rolls-Royce engines.
• The deal comes after a similar order was placed by China Eastern Airlines earlier this month, worth $1.2 billion at list prices.

Sources:

• "Rolls-Royce gets $1.8 billion order for Airbus engines" by Domain-b.com, distributed by Contify.com.