Rolls-Royce signs $580m (£340m) TotalCare® Engine Support Agreement With Vietnam Airlines


Wednesday, 29 July 2015

Rolls-Royce has won a $580 million (£340 million) TotalCare® long-term engine support contract with Vietnam Airlines for Trent XWB engines that will power 14 Airbus A350 XWB aircraft.

The contract was signed today at the Government Office in Hanoi in the presence of Vietnam’s Prime Minister Nguyen Tan Dung and UK Prime Minister David Cameron, who is visiting the country as part of a trade mission to South East Asia.

The signing comes just weeks after Vietnam Airlines became the second airline in the world to operate the Airbus A350 XWB.

The Trent XWB is the world’s most efficient large civil aero engine and more than 1,500 engines have already been sold to 40 customers.

Mr Cameron said: “Rolls-Royce is the pinnacle of UK manufacturing excellence, exporting to fast-growing markets across Asia. I’m delighted that they are announcing this £340 million contract with Vietnam Airlines supporting UK manufacturing in Derby, Rolls-Royce’s manufacturing hub for Trent XWB engines.”

Dr Pham Ngoc Minh, Vietnam Airlines, President and Chief Executive Officer, said: “As one of the first operators of the A350 XWB, we look forward to providing our passengers with outstanding service using state-of-the-art engines. This agreement will ensure we maximise the availability of these aircraft for service and enable us to become one of the leading airlines in South East Asia.”

Tony Wood, Rolls-Royce, President – Aerospace, said: “The Trent XWB is the latest example of our ability to take the best in technology to deliver new standards of excellence. We look forward to supporting Vietnam Airlines for many years to come.”

Trent XWB – incredible engineering by numbers:

  • The front fan is nearly 10ft feet across – its diameter is larger than the fuselage of Concorde
  • It sucks in up to 1.3 tonnes of air, the equivalent of a squash court, every second at take-off.
  • The force on a fan blade at take-off is equivalent to a load of almost 90 tons, the same as nine London buses hanging off each blade.
  • High pressure turbine blades inside the engine rotate at 12,500 rpm, with their tips reaching 1,200mph – twice the speed of sound.
  • At take-off each of the engine’s 68 high pressure turbine blades generates around 900 horsepower per blade – the equivalent to that of a Formula One racing car.
  • At full power, air leaves the nozzle at the back of the engine travelling at almost 1000mph.

High-res photographs are available at:
https://www.flickr.com/photos/rolls-royceplc/sets/72157644914196343/

Library broadcast-quality footage of Trent XWB production and testing plus interviews with Rolls-Royce executives on the importance of the engine to the company, are available at: http://www.imageresourcemedia.com/broadcast/streaming_site/pages/Trent_XWB.htm


About Rolls-Royce Holdings plc

  1. The order announced today will result in an increase in the Group’s order book of $252m (£150m), in accordance with Group policy.
  2. Rolls-Royce’s vision is to create better power for a changing world via two main business divisions, Aerospace and Land & Sea. These business divisions address markets with two strong technology platforms, gas turbines and reciprocating engines. Aerospace comprises Civil Aerospace and Defence Aerospace. Land & Sea comprises 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. Our business is focused on the 4Cs:
    • Customer – placing the customer at the heart of our business
    • Concentration – deciding where to grow and where not to
    • Cost – continually looking to increase efficiency
    • Cash – improving financial performance.
  5. 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 £73.7 billion at the end of 2014.
  6. 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.
  7. Rolls-Royce employs over 54,000 people in more than 50 countries. Over 15,500 of these are engineers.
  8. 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.    
http://www.rolls-royce.com/