Rolls-Royce has won an order from Air Lease Corporation (NYSE: AL), worth $160 million at list prices, for Trent 1000 engines to power four Boeing 787-9 Dreamliner aircraft.
The order marks the first Trent 1000 selection by the US aircraft leasing company.
Steven Udvar-Hazy, Chairman and Chief Executive Officer, Air Lease Corporation, said: "This is ALC's first selection of Trent 1000 technology, which will power our 787-9 aircraft. We look forward to receiving these engines, which are demonstrating excellent operational performance and environmental efficiency and will help deliver real advantages to our customers."
Eric Schulz, Rolls-Royce, President – Civil Large Engines, said: "We are delighted that Air Lease Corporation has become a significant new customer for our Trent 1000 engine technology. The engine is the quietest and most efficient engine on the Dreamliner and has delivered a smooth 787 entry into service for customers on three continents."
Source: Rolls-Royce Plc (LSE: RR.L)
Date: Jun 18, 2013