Rolls Royce bags big orders from Air China and Ethiopian Airlines

UK engineering firm Rolls-Royce announced that it bagged orders worth about $2 billion from Air China and Ethiopian Airlines.

Rolls-Royce will supply Trent 700 engines to Air China for a value of $1.5 billion to Air China, which will use them to power 20 A330 aircrafts.

The deal includes maintenance, repair and overhaul of the engines.

Second order was from Ethiopian Airlines, which ordered Trent XWB engines worth $480 million. Ethiopian Airlines will use the engines to power 12 Airbus A350s.

London-based Rolls-Royce has already sold more than 1,000 Trent XWB engines.

Latest News

AMD launches three new APUs
Facebook decides not to bring HTC First to the UK
Opera for Android available for the masses
Wireless-power startup Powermat acquires PowerKiss
HTC in a state of utter freefall: The Verge
Verizon partners with Jennifer Lopez’s Viva Movil
Pinterest tweaks pins to provide more details on showcased items
South Australia’s first Apple Store to open at 10a.m. on Saturday
Samsung launches Galaxy S4 compatible TecTile 2 tags
Soaring gas prices surprise market watchers
Recon comes up with Google Glass-like product
Netflix and YouTube consume nearly half of US internet capacity: study