Thursday, 23 February 2012 15:09
Cebu Pacific (PSE:CEB), the Philippines' largest National flag carrier, has chosen the Rolls-Royce Trent 700 engines to power up to eight leased Airbus A330-300 aircraft that the carrier will use to launch long haul operations in the second half of 2013.
Rolls Royce, the global power systems company, will also provide long-term TotalCare® service support for the Trent 700 engines.
Based on eight aircraft, the order will have a value of $280M to Rolls-Royce.
“The A330s will enable Cebu Pacific to launch long-haul operations to regions where large Filipino populations reside, such as the Middle East, parts of Europe, Oceania and the United States. The fleet’s Trent 700s and TotalCare® service support will be important strategic enablers of Cebu Pacific’s expansion to these markets,” said Lance Gokongwei, CEB CEO and President, as he announced the selection today at the Singapore Airshow.
The Airbus A330 has a range of up to 11 hours, longer than CEB’s fleet mainstay, the A320. The aircraft is one of the most commonly used wide-body aircraft in operation today, given its highly reliable operating statistics.
Nick Devall, Rolls-Royce Chief Commercial Officer – Civil Aerospace, said: “We are delighted Cebu Pacific is to become a new Trent operator and TotalCare® customer. We look forward to supporting the airline in the next phase of its growth.”
The Trent 700, the only engine specifically designed for the A330, is the market leader for the aircraft, with more than 1,400 of the engines in service or on order. It has won more than 75 per cent of new orders over the last three years. More than 90 per cent of Trent engine operators have selected TotalCare® support.
“I would like to specifically acknowledge Royal Aero, our power plant consultants, who worked closely with our evaluation team in selecting the Trent. The combined operational efficiency of the A330 and the Trent 700 will allow us to drive long haul fares 35% lower than those offered by other airlines, and as much as 80% lower when CEB offers promo fares. This aircraft type is very well suited to the kind of network we want to build and the routes we will launch,” added Gokongwei, CEB President and CEO.
CEB operates the most extensive network in the Philippines with 19 international destinations and 33 domestic destinations. CEB's international destinations are Bangkok (Thailand), Beijing (China), Brunei, Busan (Korea), Guangzhou, Hanoi (Vietnam), Ho Chi Minh, Hong Kong, Incheon (Seoul, Korea), Jakarta (Indonesia), Kota Kinabalu, Kuala Lumpur (Malaysia), Macau, Osaka (Japan), Shanghai, Siem Reap, Singapore, Taipei and Xiamen. The budget airline operates flights from its hubs in Manila, Clark, Cebu and Davao.
Notes to Editors:
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 500 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 nearly 120 countries, with an installed base of 54,000 gas turbines.
3. Annual underlying revenues were £10.8 billion in 2010, of which more than half came from the provision of services. The firm and announced order book stood at £61.4 billion at 30 June 2011, providing visibility of future levels of activity.
4. Rolls-Royce employs over 39,000 skilled people in offices, manufacturing and service facilities in over 50 countries. Over 11,000 of these employees are engineers.
5. In 2010, Rolls-Royce invested £923 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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