Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRolls-Royce Regulatory News (RR.)

Share Price Information for Rolls-Royce (RR.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 433.00
Bid: 432.90
Ask: 433.10
Change: -3.80 (-0.87%)
Spread: 0.20 (0.046%)
Open: 435.70
High: 438.80
Low: 431.20
Prev. Close: 436.80
RR. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

ROLLS-ROYCE WINS NORWEGIAN ORDER WORTH $2.7 BN

1 Feb 2016 07:00

RNS Number : 5384N
Rolls-Royce Holdings plc
01 February 2016
 

1 February 2016

Rolls-royce wins norwegian ORDER worth $2.7 BILLION

 

Rolls-Royce has won a $2.7bn order from Norwegian for Trent 1000 engines and TotalCare® long-term service support for 19 new Boeing 787 Dreamliner aircraft.

 

The order also includes TotalCare for Trent 1000 engines that will power 11 previously-announced leased Boeing 787s yet to enter service.

 

Rolls-Royce will provide TotalCare with a fully comprehensive Availability Service Solution for all 30 aircraft and this will now also cover eight Norwegian 787s already in service.

 

Bjorn Kjos, Norwegian, Chief Executive Officer, said: "This decision further develops our relationship with Rolls-Royce and we look forward to operating aircraft powered by the latest version of the Trent 1000, which sets new standards of performance."

 

Eric Schulz, Rolls-Royce, President - Civil Aerospace, said: "This is another significant decision in favour of the Trent 1000, an engine that delivers exceptional economics and performance. We continue to innovate and develop new services and it is great to see Norwegian selecting Availability Service Solutions for their TotalCare as part of this deal."

 

Availability Service Solutions cover technical and engine parts support that helps aircraft operators meet their schedules.

 

The airline also has options for 10 further aircraft which, if confirmed, will be powered by the Trent 1000.

 

 

 

About Rolls-Royce Holdings plc

 

 

1. The order announced today will result in an increase in the Group's order book of $1.5bn, in accordance with Group accounting policy.

2. Rolls-Royce's vision is to be the market-leader in high performance power systems where our engineering expertise, global reach and deep industry knowledge deliver outstanding customer relationships and solutions. We operate across five businesses: Civil Aerospace, Defence Aerospace, Marine, Nuclear and Power Systems.

3. Rolls-Royce has customers in more than 120 countries, comprising more than 380 airlines and leasing customers, 160 armed forces, 4,000 marine customers including 70 navies, and more than 5,000 power and nuclear customers.

4. Annual underlying revenue was £14.6 billion in 2014, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £76.5 billion at 30 June 2015.

5. In 2014, Rolls-Royce invested £1.2 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.

6. Rolls-Royce employs over 54,000 people in more than 50 countries. Over 15,500 of these are engineers.

7. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2014 we employed 354 graduates and 357 apprentices through our worldwide training programmes. Globally we have over 1,000 Rolls-Royce STEM ambassadors who are actively involved in education programmes and activities; we have set ourselves a target to reach 6 million people through our STEM outreach activities by 2020.

 

For further information, please contact:

 

Investors:

 

John Dawson

Director / Head of Investor Relations

Rolls-Royce plc

Tel: +44 (0)207 227 9237

investor.relations@rolls-royce.com

 

 

Media: Richard Wray Director of External Communications Rolls-Royce plc Tel: +44 (0)20 7227 9163 richard.wray@rolls-royce.com

 

 

 

www.Rolls-Royce.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTBRGDBCUDBGLC
Date   Source Headline
9th Feb 20174:51 pmRNSDirector/PDMR Shareholding
7th Feb 20172:43 pmRNSDirector/PDMR Shareholding
2nd Feb 20175:12 pmRNSHolding(s) in Company
31st Jan 20179:22 amRNSTotal Voting Rights
30th Jan 201711:17 amRNSHolding(s) in Company
17th Jan 20174:41 pmRNSROLLS-ROYCE COMPLETES AGREEMENTS WITH AUTHORITIES
17th Jan 20179:43 amRNSDirector/PDMR Shareholding
16th Jan 20174:54 pmRNSROLLS-ROYCE ANNOUNCES AGREEMENTS IN PRINCIPLE
10th Jan 20173:35 pmRNSDirector/PDMR Shareholding
9th Jan 20176:01 pmRNSDirector/PDMR Shareholding
9th Jan 20177:00 amRNSHolding(s) in Company
6th Jan 20173:48 pmRNSBlock listing Interim Review
3rd Jan 201711:58 amRNSTotal Voting Rights
16th Dec 20169:31 amRNSDirector/PDMR Shareholding
9th Dec 20169:00 amRNSOutcome of Audit Tender
8th Dec 20163:15 pmRNSDirector/PDMR Shareholding
7th Dec 20162:51 pmRNSDirector/PDMR Shareholding
1st Dec 201610:00 amRNSRolls-Royce continues Marine transformation
30th Nov 201611:06 amRNSTotal Voting Rights
28th Nov 20163:00 pmRNSFurther re ITP acquisition
23rd Nov 20164:15 pmRNSHolding(s) in Company
18th Nov 20163:07 pmRNSDirector Declaration
18th Nov 201612:00 pmRNSAlan Davies Steps Down As Non-Executive Director
16th Nov 20167:00 amRNSTrading Statement
8th Nov 20164:37 pmRNSDirector/PDMR Shareholding
7th Nov 20165:18 pmRNSHolding(s) in Company
7th Nov 20162:34 pmRNSDirector/PDMR Shareholding
2nd Nov 20167:00 amRNSRolls-Royce appoints new CEO of Power Systems
31st Oct 20164:04 pmRNSHolding(s) in Company
31st Oct 20169:03 amRNSTotal Voting Rights
10th Oct 20161:16 pmRNSDirector/PDMR Shareholding
7th Oct 20162:17 pmRNSDirector/PDMR Shareholding
30th Sep 201610:05 amRNSTotal Voting Rights
28th Sep 201612:00 pmRNSDirector Declaration
22nd Sep 20167:45 amRNSRolls-Royce names Stephen Daintith CFO(correction)
22nd Sep 20167:00 amRNSRolls-Royce appoints Stephen Daintith as CFO
8th Sep 20164:48 pmRNSDirector/PDMR Shareholding
7th Sep 20164:29 pmRNSDirector/PDMR Shareholding
31st Aug 201610:44 amRNSTotal Voting Rights
9th Aug 201611:56 amRNSDirector/PDMR Shareholding
8th Aug 20165:13 pmRNSDirector/PDMR Shareholding
29th Jul 20164:19 pmRNSTotal Voting Rights
28th Jul 20164:47 pmRNSDirector/PDMR Shareholding
28th Jul 20167:00 amRNSROLLS-ROYCE HOLDINGS PLC 2016 HALF YEAR RESULTS
19th Jul 20164:34 pmRNSBlock listing Interim Review
11th Jul 201611:11 amRNSDirector/PDMR Shareholding
11th Jul 201611:01 amRNSDirector/PDMR Shareholding
11th Jul 20167:00 amRNSRolls-Royce to acquire stake in ITP from Sener
8th Jul 20164:37 pmRNSDirector/PDMR Shareholding
4th Jul 201612:44 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.