EgyptAir has selected the Rolls-Royce Trent 700 to power an additional fleet of up to eight Airbus A330s, due for delivery from 2011. Including a TotalCare long-term services agreement, the contract is valued at around $500 million at list prices.
The airline already operates a fleet of seven Trent 700-powered A330s and 16 Airbus A320-family aircraft powered by the V2500, which is made by the IAE (International Aero Engines) consortium in which Rolls-Royce is a leading shareholder.
As part of the new agreement, Rolls-Royce has agreed to establish a jointly-owned management services company in Cairo. It will provide EgyptAir with support for its new engine workshop, as well as data management, and technical and logistics services for engines, including the Trent 700 and V2500.