Rolls-Royce won orders this week for its Trent 500 turbofan engines to power new long-range and stretched versions of the Airbus A340 airliner.
The decision was quickly followed by the breakdown of talks between Airbus and the US’s Pratt & Whitney which could have become another supplier of engines for the A340-500 and A340-600, offering its P&W4500, which would have cost £920m to develop.
The Trent 500 was chosen because of its low noise and operating costs, and fuel efficiency, Jean Pierson, Airbus managing director, said.
Rolls-Royce has also won work worth £25m as a member of the International Aero Engines consortium chosen to provide its V2500 engine for 20 Airbus A320 and A321 short-haul airliners now on order for British Midland.
The IAE consortium comprises Rolls-Royce, Pratt & Whitney, Japanese Aero Engines and MTU Daimler-Benz.
Rolls-Royce is set to win three other orders together worth £500m. British Airways wants more RB21-524 turbofans for 14 additional 747-400s it has ordered. Rolls-Royce said it could win $200m worth of launch orders for the RB211-535 engine following Icelandair’s decision to buy four more Rolls-Royce-powered Boeing 757 airliners. South African Airways’ is commiting to the latest standard RB211 engine, the 524G/H-T, also of benefit to Rolls-Royce.