Rolls-Royce Says It Won $6.06 Billion of New Orders
Rolls-Royce, the world's second largest aircraft engine maker, said Monday that it won orders worth a total of $6.06 billion (4.5 billion euros), including a record $5.6 billion (4.2 billion euros) contract to supply engines to Qatar Airways.
The British company will supply Qatar Airways with engines for its new fleet of Airbus A350 aircraft with deliveries due to begin in 2013, Rolls-Royce said in a statement. In addition the contract provides for a long-term services contract for an undisclosed duration.
"This is an extremely significant order from one of the world's most forward-looking airlines," said Chief Executive John Rose.
Separately, Rolls-Royce said it won contracts to supply five engines to International Lease Finance, two to Flyglobespan along with $180 million ($134.5 million) worth of business with China's Hainan Airlines.
Rolls-Royce shares closed up 1% to 552 pence ($10.90) on the London Stock Exchange.