EgyptAir and Rolls-Royce sign Trent engine contracts
EgyptAir and Rolls-Royce are finalizing a contract on January 14 for the purchase and long-term technical support of Trent 700 engines which will power the airline's new fleet of Airbus A330 twinjets. Deliveries are set to begin in June 2004.
The deal, worth a total of $150 million, was originally announced at the Paris Air Show in June and involves engines to power seven A330-200s which form the new flagship fleet for EgyptAir's medium range operations, stated a press release. The Trent 700 will be used by the airline on routes to destinations including Europe and South Africa.
The wide-ranging series of agreements covers the purchase of the Trent 700s and a ten-year TotalCare contract, which gives Rolls-Royce full responsibility for the maintenance of the Trent fleet at an agreed rate for every hour flown. The arrangement removes the risk of unpredictable maintenance costs from EgyptAir and provides the airline with total budget visibility for the care of the Trent fleet.
Additionally, Rolls-Royce will work with EgyptAir to develop the airline's in-country maintenance capability for the new Trent 700s as well as V2500 and CFM engines which already form part of the wider fleet. This will involve technical support and training provided by Rolls-Royce personnel based in Cairo. — (menareport.com)
© 2004 Mena Report (www.menareport.com)