Emirates maintenance agreement boosts Rolls after plane accident

ROLLS-ROYCE got another boost yesterday – a deal worth $1.2bn (£760m) with Middle Eastern airline Emirates to maintain engines on 50 Airbus and Boeing jets.

Rolls, which faced an engine fire on a Qantas Airbus A380 superjumbo on 4 November, will service Trent 700 engines on 29 Airbus A330 jets and Trent 800 turbines on 21 Boeing 777s.

Rolls is likely to welcome the deals, which follow a £1.13bn order from Air China, as the latest vote of confidence after the A380 incident, which forced the jet to return to Singapore.

It also resulted in regulators ordering checks on all A380s and repairs likely to reduce Rolls’ annual profits.

European regulator EASA has reduced inspections it imposed on the A380s after the accident, saying they were no longer needed.