Rolls-Royce: Norwegian Selects Trent 1000 Engines, Signs $450 Million Pact
April 06 2011 - 2:45AM
Dow Jones News
Rolls-Royce Group PLC (RR.LN), an integrated power systems
company announced Wednesday that Norwegian Air Shuttle ASA (NAS.OS)
has selected Trent 1000 engines from the company to power nine
Boeing 787 Dreamliner aircrafts and signs a $450 million
Rolls-Royce TotalCare long-term engine services contract.
MAIN FACTS:
-This is the first time Norwegian has selected Rolls-Royce
engines.
-The order takes the total number of airlines that have selected
the Trent 1000 to 21.
-Rolls-Royce has been chosen for six of the last seven Boeing
787 Dreamliner engine selections.
-The Trent 1000, specifically designed and optimized for the
Boeing 787 Dreamliner, will power the aircraft's first passenger
service with All Nippon Airways later this year.
-The engine also powered the first flight of the aircraft in
December 2009.
-Shares closed Tuesday at 627.00 pence
-By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411;
zechariah.hemans@dowjones.com