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ROLLS-ROYCE HOLDINGS PLC

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Rolls-Royce Holding PLC : Rolls-Royce Trent 900 EP2 passes EASA type test

11/26/2013 | 08:28am EST
Tuesday, 26 November 2013

An improved version of the Rolls-Royce Trent 900 engine has passed its European Aviation Safety Agency (EASA) type test.

The Trent 900 EP2 engine, offering a further fuel burn improvement of up to 0.8 per cent, will become the new build standard for the engine next year once full certification is achieved.

Rosie Toogood, Rolls-Royce, Programme Director - Trent 900, said: "This milestone is a significant step toward full EASA certification for the Trent 900 EP2, expected in early 2014. We are committed to delivering our improvement programme to ensure that the Trent 900 remains the engine of choice for A380 operators."

The Trent 900 EP2 improvements include: optimised fan blade tip clearance; improved turbine case cooling; improved sealing for the low-pressure (LP) turbine; an optimised intermediate pressure (IP) compressor; an improved engine sector stator; and improvements to the air flow system.

The type test success comes as the Trent 900, selected by 11 of 17 customers to have made an engine choice for the A380, continues to excel in service.

Loet Vudhijaya, Director, Maintenance Control Center (MCC), THAI Airways International, said: "THAI Airways International has just celebrated 12 months of operational service of the A380 powered by the Rolls-Royce Trent 900 engine. In that time, our Trent 900s have accumulated over 600,000 engine flying hours and recorded zero basic engine delays and zero engine-related diversions, turnbacks or aborted takeoffs. The service and monitoring offered by Rolls-Royce has also helped ensure we minimise our maintenance costs."

  1. Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy.
  2. As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 300 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 4,000 marine customers, including 70 navies, and energy customers in more than 80 countries.
  3. Annual underlying revenue was £12.2 billion in 2012, of which more than half came from the provision of services. The firm and announced order book stood at £69.2 billion at 30 June 2013, providing visibility of future levels of activity.
  4. Rolls-Royce employs over 45,000 people in offices, manufacturing and service facilities in over 50 countries. Over 14,000 of these employees are engineers.
  5. In 2012, Rolls-Royce invested £919 million on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.
  6. Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company's engineers with the forefront of scientific research.
  7. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.
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Sales 2021 11 738 M 15 762 M 15 762 M
Net income 2021 126 M 169 M 169 M
Net Debt 2021 5 658 M 7 597 M 7 597 M
P/E ratio 2021 69,5x
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Capitalization 9 806 M 13 252 M 13 167 M
EV / Sales 2021 1,32x
EV / Sales 2022 1,17x
Nbr of Employees 48 200
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David Warren Arthur East Chief Executive Officer & Director
Panos Kakoullis Chief Financial Officer & Executive Director
Anita Margaret Frew Chairman
Grazia Vittadini Chief Technology Officer
Hsien Yang Lee Independent Non-Executive Director
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