Rolls-Royce signs TotalCare® Flex® agreement with Cathay Pacific
OREANDA-NEWS. Rolls-Royce has signed the first wide body agreement for its new TotalCare® Flex® service, with Cathay Pacific, to support Trent 800 engines for 17 Boeing 777 aircraft.
The agreement marks a new milestone for TotalCare Flex, designed for owners and operators of mature engines and is the first to be signed with an airline that is an aircraft owner and operator.
The new service builds on the enormous success of Rolls-Royce TotalCare®, where the needs of the aircraft owner and engine manufacturer are fully aligned with the shared goal of maximising engine time on wing.
TotalCare Flex tailors that service specifically for customers seeking economical management of mature engines.
Christopher Gibbs, Cathay Pacific, Engineering Director, said: "We are extremely pleased to be signing this TotalCare Flex agreement for our Trent 800 engines. Rolls-Royce has listened carefully to our needs for managing this mature fleet reliably and cost-effectively. We look forward to working closely with Rolls-Royce on the effective management of this fleet through the life of the agreement."
Dominic Horwood, Rolls-Royce, Chief Customer Officer, said: "Cathay Pacific is a respected and valued customer and we are excited to have them with us at the start of our TotalCare Flex journey. We look forward to working closely with them to ensure we deliver the benefits TotalCare Flex brings."
Tom Palmer, Rolls-Royce, Director – Services, Civil Large Engines, said: "We have led the way in services with TotalCare, now we are taking our innovation to a new level with a number of significant services developments, of which TotalCare Flex is just one."
About Rolls-Royce Holdings plc
- Rolls-Royce’s vision is to create better power for a changing world via two main business divisions, Aerospace and Land & Sea. These business divisions address markets with two strong technology platforms, gas turbines and reciprocating engines. Aerospace comprises Civil Aerospace and Defence Aerospace. Land & Sea comprises Marine, Nuclear and Power Systems.
- Rolls-Royce has customers in more than 120 countries, comprising more than 380 airlines and leasing customers, 160 armed forces, 4,000 marine customers including 70 navies, and more than 5,000 power and nuclear customers.
- Our business is focused on the 4Cs:
- Customer – placing the customer at the heart of our business
- Concentration – deciding where to grow and where not to
- Cost – continually looking to increase efficiency
- Cash – improving financial performance.
- Annual underlying revenue was £14.6 billion in 2014, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £73.7 billion at the end of 2014.
- In 2014,Rolls-Royce invested £1.2 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.
- Rolls-Royce employs over 54,000 people in more than 50 countries. Over 15,500 of these are engineers.
- The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2014 we employed 354 graduates and 357 apprentices through our worldwide training programmes. Globally we have over 1,000 Rolls-Royce STEM ambassadors who are actively involved in education programmes and activities; we have set ourselves a target to reach 6 million people through our STEM outreach activities by 2020.
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