$1.8 billion Rolls-Royce deals

Aerospace giant and Bondholder Rolls-Royce has won two deals with Virgin Atlantic and Gulf Air to the value of $1.8billion, at this week's Farnborough Air Show.

Virgin Atlantic chose Trent XWB engines and TotalCare support for 12 Airbus A350-1000 aircraft and Gulf Air selected Trent 1000 engines to power 10 Boeing 787-9 Dreamliners as well as taking the firm's long-term service support.

Commenting on the Virgin Atlantic deal, Eric Schulz, President - Civil Aerospace at Rolls-Royce, said: "Virgin Atlantic is a great customer which has shown a continued commitment to our Trent engine family and we look forward to the Trent XWB delivering outstanding economics and performance."

Mr Maher Salman Al Musallam, Gulf Air, Chief Executive Officer, said: "We look forward to continuing our longstanding relationship with Rolls-Royce and we take an important step forward in developing our future fleet."

Virgin Atlantic is a great customer which has shown a continued commitment to our Trent engine family
— Eric Schulz, President - Civil Aerospace at Rolls-Royce