Rolls-Royce has signed a long-term service contract with Emirates worth £1.4 billion.
Under the terms of the TotalCare agreement, Rolls-Royce technicians will maintain the Trent engines of 70 Airbus aircraft that Emirates is due to acquire over the next few years.
The deal follows Rolls-Royce’s $1.2 billion contract signed in November to service engines on a further 48 Emirates aeroplanes. The number of Emirates aircraft now being serviced under the TotalCare scheme is 128.
Rolls-Royce said that TotalCare service agreements are now in place for 90 per cent of the 2,000 Trent engines in service.
The company has not confirmed the length of the service agreements but it is believed they are for a minimum of 10 years and possibly longer.
Commenting, president of Emirates Airline Tim Clark said: “This TotalCare contract with Rolls-Royce is an important step in ensuring our A350XWB engine life cycle costs are managed effectively and maintained to the highest standards.
“Already current users of TotalCare, we look forward to maintaining this relationship with Rolls-Royce to drive additional operational improvements.”
Rolls-Royce president of Civil Aerospace Mark King added: “We are delighted to sign this contract with Emirates, a valued customer with three Trent engine family members already in service. With this contract all of Emirates’ Rolls-Royce powered fleet are, or will be, supported by TotalCare packages that add significant value and allow customers to optimise their operations.”
Based in London, Rolls-Royce employs 39,000 people in over 50 countries. Annual underlying revenues were over £11 billion in 2010, of which more than 50 per cent was generated by services provision.
The company’s customer base consists of more than 500 airlines, 4,000 aircraft and helicopter operators, 160 armed forces and more than 2,500 marine customers.
Last month, British Airways signed a contract with Rolls-Royce to buy Trent 900s and Trent 1000 engines to a total value of up to £5 billion.
