ILFC gives Rolls-Royce £418m contract

International Lease Finance Corporation (ILFC) has confirmed an order with Rolls-Royce for Trent XWB engines to power a fleet of 20 Airbus A350 XWB aircraft, due for delivery starting April 2014.

The list price of the engines is £418m, making ILFC the largest single customer for the Rolls-Royce Trent family. ILFC, which owns 61 Trent-powered widebody aircraft, with a further 70 on order, is an existing customer for Trent engines.

Chairman and CEO of ILFC, Steven Udvar-Hazy, said: ‘The Trent XWB, specifically designed for the Airbus A350 XWB, offers our customers high levels of efficiency and low operating costs – an attractive combination for lessors.’

Sir John Rose, Rolls-Royce’s chief executive, said: ‘This is a significant order for the latest member of the Trent family from our biggest Trent customer. The Trent XWB will offer ILFC’s customers outstanding levels of performance for the A350 XWB whilst minimising its environmental impact.’

The Trent XWB is the sixth member of the three-shaft Trent engine series and is being developed specifically for the Airbus A350 XWB twinjet. Rolls-Royce says is will be available for deliveries from mid-2013.