In a landmark deal announced at the Paris Air Show today (Wednesday 19 June) Air France-KLM Group has signed a Memorandum of Understanding with Rolls-Royce for Trent XWB engines to power 25 Airbus A350s. The agreement is worth $1.1bn at current list prices.
Air France-KLM also has options covering 25 more A350 XWB aircraft.
Alexandre de Juniac, Chairman and Chief Executive Officer of Air France said: "We're very pleased to have reached agreement with Rolls-Royce for Trent XWB engines to power our fleet of Airbus A350 XWBs.
Peter Hartman, President and Chief Executive Officer of KLM, added: "This includes an agreement for the Air France-KLM maintenance organisation to work with Rolls-Royce on Trent XWB engine maintenance support."
Eric Schulz, President – Civil Large Engines, Rolls-Royce, said: “We look forward to forging a strong relationship with Air France-KLM group and we’re delighted that for the first time their fleet will soon include aircraft powered by a member of our Trent family of engines. This is a great opportunity for us to demonstrate to Air France-KLM the exceptional product efficiency and superior service support benefits that Rolls-Royce Trent customers enjoy.”
Source: Rolls-Royce Plc (LSE: RR.L)
Date: Jun 19, 2013