21-Mar-2006 10:04 AM
Finnair becomes first customer for Rolls-Royce Trent 1700
Analysis
Finnair has become the first airline to select the Rolls-Royce Trent 1700 to power its fleet of nine firm, plus four option, Airbus A350-900s in a deal worth $470 million at list prices. Deliveries are scheduled to begin in 2012.
Finnair, a new large engines customer for Rolls-Royce, becomes the 53rd airline or leasing company to choose versions of the Trent engine series. The A350s will replace Finnair's current long-haul fleet of MD-11s.
The Helsinki-based airline intends to use its Trent-powered A350s to support its business growth strategy. The aircraft will be operated on its expanding long haul services, particularly to the Far East, as the airline positions Finland as the Asian gateway to Europe.
Jukka Hienonen, Chief Executive Officer at Finnair, said: "The Trent 1700 offers us the best operating economics as we continue to grow our business with the best modern technologies. Our selection criteria was based on cost and performance, and the Trent 1700 is a great match for these requirements."
Nick Devall, Executive Vice President, Civil Large Engines at Rolls-Royce, added: "The addition of Finnair to our list of Trent customers in the face of a strong incumbent supplier is a true endorsement of the Rolls-Royce pedigree. Our combination of experience and innovation provides customers with a low risk option that offers maximum benefits. We're obviously delighted to welcome Finnair to our growing customer base."
Rolls Royce International is a CAPA Member. For more information on the Centre for Asia Pacific Aviation's membership service, please click the icon below.
The Helsinki-based airline intends to use its Trent-powered A350s to support its business growth strategy. The aircraft will be operated on its expanding long haul services, particularly to the Far East, as the airline positions Finland as the Asian gateway to Europe.
Jukka Hienonen, Chief Executive Officer at Finnair, said: "The Trent 1700 offers us the best operating economics as we continue to grow our business with the best modern technologies. Our selection criteria was based on cost and performance, and the Trent 1700 is a great match for these requirements."
Nick Devall, Executive Vice President, Civil Large Engines at Rolls-Royce, added: "The addition of Finnair to our list of Trent customers in the face of a strong incumbent supplier is a true endorsement of the Rolls-Royce pedigree. Our combination of experience and innovation provides customers with a low risk option that offers maximum benefits. We're obviously delighted to welcome Finnair to our growing customer base."
Rolls Royce International is a CAPA Member. For more information on the Centre for Asia Pacific Aviation's membership service, please click the icon below.
