Rolls-Royce wins £3.2 billion Delta contract

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Rolls-Royce said that the order for engines also included the provision of long-term services after delivery as part of a ‘TotalCare’ support package.

The engines ordered are the Trent XWB engines to power 25 Airbus A350s, and Trent 7000 engines to power 25 Airbus A330neo aircraft. Rolls-Royce is the only supplier of engines for both aircraft.

Delta’s order follows a closely fought competition with Boeing, which had offered its 787 Dreamliner.

 

Earlier this month Rolls-Royce revealed plans to slash 2,600 jobs over the next 18 months. It also ousted its finance boss Mark Morris after 27 years with the company.

It is understood the bulk of the jobs will largely be in managerial and engineering roles at the firm’s plants in Derby and Bristol.

The world’s second-largest maker of aircraft engines embarked on a cost cutting drive following a major profit warning last month.

The job cuts, which will mostly come in the aerospace division, will cost an extra £120 million over the next two years, before reducing spend by around £80 million once the changes have been fully implemented.

Additional reporting by Reuters

Source Article from http://www.standard.co.uk/business/business-news/rollsroyce-wins-32-billion-delta-contract-9874372.html

November 21, 2014 |
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