Rolls-Royce Wins Trent 700 Order From Cathay Pacific
09 March 2011 - 7:09PM
Dow Jones News
Rolls-Royce Group PLC (RR.LN), a power systems company, said
Wednesday it has won an order from Cathay Pacific Airways Ltd.
(CPAY) for Trent 700 engines to power 15 Airbus A330 aircraft.
MAIN FACTS:
-Contract includes a TotalCare long-term service agreement.
-No financial terms disclosed.
-More than 1,300 Trent 700s are now in service or on firm
order.
-Shares closed Tuesday at 600 pence valuing the company at
GBP11.24 billion.
-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296;
ian.walker@dowjones.com
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