Rolls-Royce today announced the signing of a long-term $360 million maintenance support agreement with Continental Airlines for its existing fleet of RB211-535E4B aero engines.
This brings the total of new aftermarket business announced this year by Rolls-Royce to more than $2 billion.
The ten-year Total Care agreement involves the provision of comprehensive maintenance, at a set cost, calculated on flying hours. Continental currently has 41 Boeing 757-200s in service powered by RB211-535E4B engines. The work will be carried out by Rolls-Royce at its Derby, UK facilities.
Rolls-Royce has reportedly more than doubled its market share of repair and overhaul on its civil engines to 55 per cent in the past five years. Revenues from aftermarket and associated services currently account for 38 per cent of the company’s turnover.
This agreement with Continental, plus existing contracts with American Airlines and US Airways, means that 60 per cent of RB211-535s in service on over 200 aircraft owned by US-based airlines now operate under Rolls-Royce Total Care support packages.