Pegasus to lease Trent-powered 787s to Blue Panorama

Seattle (ROLLS ROYCE) - Rolls-Royce today announced that six Trent 1000-powered Boeing 787s have been acquired by US leasing firm, Pegasus Aviation Finance Company. The deal, which includes a long term TotalCare® services agreement, is worth over $300 million.

After a joint selection procedure, Pegasus and Rome-based airline Blue Panorama both become first time Trent customers. Pegasus is the fifth leasing company to include Trent-powered aircraft in its portfolio.

Blue Panorama will operate four of these aircraft and become the sixth airline to select the Trent-powered 787. This engine and airframe combination has also been acquired by three leasing companies, including Pegasus.

Deliveries are scheduled to begin in November 2009.

Charles Cuddington, Chief Commercial Officer, Civil Large Engines at Rolls-Royce, commented: “The combination of the Dreamliner and the Trent 1000 will bring a new level of travel experience to Blue Panorama’s passengers. As the fourth development engine goes to test, the programme is in full swing. We’re confident that yet another version of the Trent series will deliver the same levels of benefit to Blue Panorama as its predecessors have for more than 50 other customers around the world.”

Richard S Wiley, President and CEO at Pegasus, said: “Flexibility is key to our offering and the Trent 1000-powered 787 provides us and our customers with a reliable and adaptable package. Additionally, TotalCare helps both ourselves and our customers minimise risk and get the most out of the engine. Taking possession of these early slots for the Trent 1000-powered 787 puts us in a prime market position.”

Franco Pecci, President and CEO of Blue Panorama, added: “The Trent 1000 delivers the best levels of efficiency and overall operating economics for our business, while the TotalCare package provides us with peace of mind about operational support and cost.”

Blue Panorama plans to use its 787s on its long haul scheduled routes from Italy, such as services to Central and South America, the Caribbean and the Far East. The airline also operates short-haul charter services to the main European capitals and tourist resorts.

Rolls-Royce will be holding a photo call to mark the engine agreement on Stand G17, Hall 4, at 11am on Tuesday 18 July, featuring executives from Rolls-Royce, Pegasus and Blue Panorama.
Rolls Royce is a CAPA Member. For more information on the Centre for Asia Pacific Aviation's membership service, please click the icon below.




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