Rolls-Royce picks up new plane engine order with CIT Aerospace

ROLLS-ROYCE, Europe’s largest aircraft engine manufacturer, yesterday announced a contract with US leasing company CIT Aerospace to power 23 Airbus aircraft.

The deal, for an undisclosed sum, comes just a month after Rolls won a £1bn contract with British Airways parent IAG to power 18 planes.

The Trent 700, to be used in 13 of CIT’s planes, is the only engine specifically designed for the Airbus A330 and has won 70 per cent of new orders to power the aircraft over the past four years.

“This order underscores the market-leading position of the Trent 700, and reflects our ability to deliver a Trent XWB engine that has already proven itself in test flights to be the most efficient large aero engine flying today,” said Eric Schulz, president of Rolls-Royce civil large engines.

Rolls-Royce is replacing its head of its aerospace unit, after current boss Mark King announced his surprise resignation for personal reasons earlier this month.

King starts the handover to Tony Wood this month.