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Rolls-Royce says wins $2.7bn contract from Norwegian

AFP
Rolls-Royce is grappling with weak demand for corporate jet engines in emerging markets, weighing on its civil aerospace division

British aircraft engine maker Rolls-Royce said Monday that it has won a lucrative engines contract from Scandinavian carrier Norwegian in a deal worth $2.7 billion (2.5 billion euros).

"Rolls-Royce has won a $2.7bn order from Norwegian for Trent 1000 engines... for 19 new Boeing 787 Dreamliner aircraft," it said in a statement adding that the deal included long-term service support.

The contract also includes servicing for another 11 leased Boeing 787s that have yet to enter service.

"This decision further develops our relationship with Rolls-Royce and we look forward to operating aircraft powered by the latest version of the Trent 1000," said Bjorn Kjos, chief executive of Norwegian.

Norwegian also has options for a further 10 aircraft which, if confirmed, would be powered by the Trent 1000 engine, Rolls-Royce added.