Rolls-Royce wins $1.5 billion China deal

Bondholder Rolls-Royce has won a $1.5billion order from China Eastern Airlines for Trent 700 engines to power 15 Airbus A330 aircraft, plus long-term TotalCare® engine support services.

China Airlines — which already has 51 Trent 700 powered A330s from Rolls-Royce — will continue to benefit from the best fuel burn, emissions and noise performance, which makes the Trent 700 the market leader on the aircraft.

Tang Bing, Executive Vice President at China Eastern Airlines, said: “This aircraft and engine combination continues to be key to our expansion and competitiveness. I look forward to the Trent 700 continuing to deliver outstanding performance and efficiency for our operations.”

Paul Freestone, Rolls-Royce, Senior Vice President, said: “China Eastern operates one of the world’s largest A330 fleets, and we are honoured they have selected the Trent 700 again, as it continues to respond to Chinese demand with new levels of service.”

The engine has won 70% of new orders over the last five years and accounts for a similar percentage on future A330 deliveries. Rolls-Royce currently has more than 1,600 installed engines on the A330s worldwide, with a market share of close to 90% in Greater China.

I look forward to the Trent 700 continuing to deliver outstanding performance and efficiency for our operations.
— Tang Bing, Executive Vice President at China Eastern Airlines