Rolls-Royce, Norwegian sign £1.9bn engine deal

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Sharecast News | 01 Feb, 2016

Updated : 07:40

Rolls-Royce strengthened its partnership with Norwegian Air Shuttle on Monday, as it announced a fresh $2.7bn (£1.89bn) deal with the low-cost long haul airlne.

The FTSE 100 firm said the order included Trent 1000 engines and long-term service support for 19 new Boeing 787 Dreamliner aircraft.

Rolls-Royce said the order also included its TotalCare long-term support for 11 previously-announced leased Boeing 787s yet to enter service.

It said the scheme would also cover eight Norwegian 787s already in service.

"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", said Bjorn Kjos, chief executive officer of Norwegian Air Shuttle.

Rolls-Royce president - civil aerospace Eric Shulz called the deal a significant decision in favour of the Trent 1000 engine.

"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", he said.

Norwegian Air Shuttle still had a further 10 options for Boeing 787 aircraft, which - if exercised - would be powered by the Trent 1000.

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