Rolls-Royce secured £1.4bn Emirates deal

 Rolls-Royce secured £1.4bn Emirates deal

Rolls-Royce has secured a £1.4 billion deal with Emirates Airline to maintain engines on 70 new Airbus aircraft to be operated by the carrier.

The agreement - which falls under its TotalCare scheme - will see Rolls’ technicians maintain the Trent engines of 70 Airbus planes due to enter service in the next few years.

The move is in addition to a £700 million) agreement signed in November to service the Rolls engines on 48 Emirates planes already being flown or on order by the airline.

In total Rolls is now responsible for 128 Emirates aircraft under its TotalCare scheme.

Civil aerospace division president Mark King said: “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.”

TotalCare

Derby-based Rolls revealed earlier this month an explosion on a Qantas operated Airbus A380 had cost it £56 million.

The accident contributed to a 20 per cent fall in underlying profits at its civil aerospace arm last year.

However, underlying profits across the wider business increased four per cent to £955 million in 2010.