Rolls-Royce signs TotalCare agreement with e GAMCO for Gulf Air’s fleet
Rolls-Royce has been contracted by Gulf Aircraft Maintenance Company (GAMCO) to support a TotalCare agreement for Gulf Air’s fleet of six A330-200s powered by the Trent 700. The contract, which is valued at $150 million, was announced June 18 at the Paris Air Show.
Under the terms of the agreement, GAMCO will manage the contract on behalf of Gulf Air. The signing of this agreement further strengthens the relationship between Rolls-Royce and GAMCO which has existed since GAMCO’s founding in the early 1980s and extends across several Rolls-Royce engine types. Gulf Air has been a Rolls-Royce customer since its start-up in 1950.
Charles Cuddington, managing director Airlines, Rolls-Royce, said: “Today’s addition of Gulf Air to the growing list of TotalCare customers underlines the appeal of our long-term service agreements. TotalCare currently covers 60 per cent of the Trent fleet and enables operators to remove the risk involved in fleet management.”
Rolls-Royce plc operates in four global markets—civil aerospace, defense aerospace, marine and energy. It is investing in technology and capability that can be exploited in each of these sectors to create a competitive range of products.
Rolls-Royce has a broad customer base comprising more than 500 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces and more than 2,000 marine customers, including 50 navies. The company has energy customers in nearly 120 countries. Rolls-Royce employs around 37,000 people, of which 22,000 are in the UK.
Annual sales total nearly six billion pounds, of which over 40 percent currently comes from aftermarket services. The order book stands at more than £17 billion, which, together with aftermarket demand, provides visibility as to future activity levels. — (menareport.com)
© 2003 Mena Report (www.menareport.com)