Latest news with #aircraftengines
BBC News
11 hours ago
- Business
- BBC News
Rolls-Royce secures international deals for 142 aircraft engines
Rolls-Royce has secured multiple contracts to supply more than 140 aircraft Derby-based firm's civil aerospace division will build 90 Trent XWB-97 engines, 40 Trent 7000 engines and 12 Trent XWB-84 engines for companies across Saudia Arabia, Egypt, Taiwan and said the deals followed a £1bn investment to the Trent engine family aimed at improving their durability and at the 2025 International Paris Air Show, Ewen McDonald, chief customer officer for the firm's civil aerospace division said the contracts would help to safeguard jobs in Derby. "The opportunity at the moment in the market is very buoyant", said Mr McDonald."It's always nice to see Rolls-Royce being successful and that we're filling the factory up with these engines for many years to come."It's lots of work for many years and a lot of these orders go out into the 2030s."Mr McDonald added there were still some orders placed at the Paris Air Show that were yet to be announced. The new contracts AviLease, based in Saudi Arabia, placed an order for 20 Trent XWB-97 engines to power 10 Airbus A350F freighter Air, Saudi Arabia's newest national carrier, placed an order of 50 Trent XWB-97 engines that will power 25 Airbus based Starlux Airlines placed an order for 20 Trent XWB-97 engines that will power 10 Airbus A350-1000 widebody has ordered an additional 12 Trent XWB-84 engines that will power six Airbus A350-900s, which takes the airline's total order of Rolls-Royce Trent XWB-84 engines to Vietjet Air has placed an order for 40 Trent 7000 engines, that will power 20 Airbus A330neo aircrafts.
Yahoo
4 days ago
- Business
- Yahoo
Wizz Air near deal to order Pratt & Whitney engines for new jets, sources say
LONDON (Reuters) -Wizz Air is edging towards a deal with RTX-owned Pratt & Whitney to purchase engines for 177 of its Airbus jets already on order, according to two industry sources. An announcement could come as early as this week's Paris Airshow, they said, adding it would form part of a settlement with the engine maker over groundings caused by repair times. Wizz Air and Pratt & Whitney parent RTX declined comment. The airline, which operates an all-Airbus fleet, last year said it had two options - its current supplier Pratt & Whitney, whose engines are facing issues worldwide, forcing airlines to ground planes, and competitor CFM, a joint venture between GE Aerospace and France's Safran. Choosing the next engine provider would depend on the acquisition cost, durability of the engine, operating cost and cost guarantees for aftermarket activities, Wizz Air Chief Executive Jozsef Varadi told Reuters. Wizz Air is among airlines that have been forced to ground a large number of planes due to a powder metal issue with the Pratt & Whitney's geared turbofan (GTF) engine. Its profit for its 2025 financial year, which ends on March 31, slumped over 60% due to the knock-on effects of the groundings. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
4 days ago
- Business
- Reuters
Wizz Air near deal to order Pratt & Whitney engines for new jets, sources say
LONDON, June 16 (Reuters) - Wizz Air (WIZZ.L), opens new tab is edging towards a deal with RTX (RTX.N), opens new tab-owned Pratt & Whitney to purchase engines for 177 of its Airbus ( opens new tab jets already on order, according to two industry sources. An announcement could come as early as this week's Paris Airshow, they said, adding it would form part of a settlement with the engine maker over groundings caused by repair times. Wizz Air and Pratt & Whitney parent RTX declined comment. The airline, which operates an all-Airbus fleet, last year said it had two options - its current supplier Pratt & Whitney, whose engines are facing issues worldwide, forcing airlines to ground planes, and competitor CFM, a joint venture between GE Aerospace (GE.N), opens new tab and France's Safran ( opens new tab. Choosing the next engine provider would depend on the acquisition cost, durability of the engine, operating cost and cost guarantees for aftermarket activities, Wizz Air Chief Executive Jozsef Varadi told Reuters. Wizz Air is among airlines that have been forced to ground a large number of planes due to a powder metal issue with the Pratt & Whitney's geared turbofan (GTF) engine. Its profit for its 2025 financial year, which ends on March 31, slumped over 60% due to the knock-on effects of the groundings.
