Rolls-Royce secure $1 billion maintenance deal

Rolls-Royce has signed a $1 billion maintenance support agreement with American Airlines for its fleet of RB211-535E4 aero engines. The work will be carried out at Texas Aero Engine Services Ltd, a joint venture between American and Rolls-Royce.

The announcement is said to mark an expansion of American Airlines’ support arrangements with Rolls-Royce following a ten-year contract for maintenance of its Trent 800 fleet for its Boeing 777s agreed in 1999.

The ten-year Fleet Hour Agreement involves the provision of comprehensive maintenance, at a set cost, calculated on flying hours, for American Airlines’ current fleet of 102 Boeing 757s. A further 23 of the twin-engine airliners, due for delivery throughout this year and 2002, will also be covered by the agreement.

‘Fleet Hour Agreements provide operators with the benefit of aftermarket support at predictable costs together with the advantage of a long-term association with engine manufacturers,’ said John Cheffins, President Civil Aerospace, Rolls-Royce. ‘This is a further example of Rolls-Royce securing the long-term benefits which arise from its rapidly expanding installed engine base.’

The deal brings the total of new aftermarket business announced in January 2001 to nearly $2 billion. On January 3, 2001, Rolls-Royce announced an $880 million package to maintain V2500 engines powering British Airways’ fleet of Airbus Industrie A320 series aircraft.

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