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Monarch crowns 25-year Rolls-Royce relationship with Trent 1000 selection

Analysis

Indianapolis (ROLLS ROYCE) - UK leisure airline, Monarch Airlines, has selected the Rolls-Royce Trent 1000 to power its new fleet of Boeing 787 Dreamliners. The engine deal, which is for six firm aircraft and four purchase rights, includes a lifetime TotalCare® service agreement and is valued at $1 billion at list prices.

The Trent-powered 787 twinjets, scheduled for delivery from 2010, will form the core of Monarch's long-haul operation, replacing some of the older aircraft it currently operates.

The deal represents the first UK Trent 1000 order and comes as Monarch and Rolls-Royce celebrate 25 years of working together.

Peter Brown, Chief Executive Officer of Monarch Airlines, said: "Economic and environmental performance is a main driver for us and was key to the selection of the Trent 1000 for our 787s. Total cost of ownership is vital to preserving a healthy operation while fuel efficiency reduces the environmental impact. With the combination of the Trent 1000 and TotalCare, we are confident we have the most effective solution, both for our business and for the environment."

Chris Cyr, Senior Vice President for Rolls-Royce, added: "The Trent 1000 has been optimised solely for the 787 and provides the best balance between new technology and experience to deliver the best operating economics for Monarch. As the airline is a long-standing Rolls-Royce customer, we are proud to partner with them again to launch the Trent 1000 in the UK."

Monarch currently operates nine Rolls-Royce powered aircraft, comprising two Airbus A330s and seven Boeing 757s.

Rolls Royce is a CAPA Member. For more information on the Centre for Asia Pacific Aviation's membership service, please click the icon below. capagold.gif capaplatinum.gif

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