Malaysia Airlines has signed up for Rolls-Royce's long-term TotalCare services support for Trent 900 engines that will power the airline's new fleet of six Airbus A380 aircraft.
The UK power systems developer already provides support services for the airline's Trent 800 engines which power its fleet of 17 Boeing 777 aircraft.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
TotalCare long-term service agreements cover more than 90% of Trent engines globally.
Earlier on Monday Rolls-Royce announced that it has won a contract to service M250 engines for the US Army's OH-58D Kiowa Warrior scout helicopters.
The contract, valued at $183m, involves the service of 500 M250 engines for more than 300 aircraft. It begins this month and the Army has the option to extend it for four additional years.
The share price rose 0.74% to 883p by 13:46.
NR
-
What is the 25x retirement rule and does it work?The 25x retirement rule has been around for decades but many experts question if it is a suitable strategy
-
When is the self-assessment tax return deadline?If you are self-employed, rent out a property or earn income from savings or investments, you may need to complete a self-assessment tax return. We run through the deadlines you need to know about
