$300m Order for Rolls-Royce

Bondholder Rolls-Royce has won a $300m order from Lion Group for Rolls-Royce Trent 700 engines to power three new Airbus A330 aircraft, supported by Rolls-Royce’s flagship engine service, TotalCare®.

The Lion Group already operates three of the aircraft, all powered by the Trent 700 engine.

Edward Sirait, CEO, Lion Group, said: “These aircraft are an exciting addition to our widebody fleet, allowing us to deliver new routes for our customers. We have already seen the economic advantages of the Trent 700 and TotalCare service with our in-service aircraft and we are very pleased to continue with this combination for our new aircraft.”

Ewen McDonald, Rolls-Royce, Senior Vice President, Customers – Civil Aerospace, said: “Lion Group is a valued customer and we are delighted to support its growth plans for the future. We are proud of the success of the Trent 700 which has proven itself to be the engine of choice for A330 customers, with excellent efficiency and lower emissions.”