Rolls-Royce's $700M China Deal

Bondholder Rolls-Royce has won a $700m order from China Southern for Trent 700 engines to power ten Airbus A330 aircraft, including TotalCare® long-term engine service support.

The agreement confirms the Trent 700 as the overwhelming engine of customer choice in Greater China, with a market share of close to 90%.

“We are proud to support China’s continued airline growth, creating new connections that link China ever more closely. We are particularly grateful to China Southern, a valued customer that was the first airline in mainland China to operate the A330, for its continued support for our engines.
— Paul Freestone, Rolls-Royce, Senior Vice President

The order was signed at the Zhuhai Airshow by Li Ming, Vice President of Maintenance and Engineering Department, China Southern, and Paul Hallam, Rolls-Royce, Vice President,Greater China – Civil Aerospace. The signing was witnessed by Li Tongbin, Executive Vice President, China Southern, and Paul Freestone, Rolls-Royce, Senior Vice President, Customers – Civil Aerospace.

Li Tongbin said: “We have been impressed with Rolls-Royce engine performance in service and look forward to further developing our relationship with this latest order. Rolls-Royce has an important role to play in supporting our fleet growth.”

Today representatives from Rolls-Royce are in attendance at the  fourth annual China-Britain Business Council Outbound Conference, held in Shanghai, and have stressed the real investment opportunities offered in Derby.

While addressing the conference, Patrick Horgan, Regional Director North-East Asia for Rolls-Royce, said: "Infinity Park Derby offers real opportunities for inward investment in trains, planes and automobiles."