Rolls-Royce wins major contract at Norwegian

€2.5 billion deal to put Trent 1000 engines on 19 787s
British aircraft engine specialist Rolls-Royce has won a lucrative contract to make its powerful Trent 1000 engines for 19 new Boeing 787 Dreamliner aircraft at Norwegian in a deal worth €2.5 billion. The contract includes servicing for a further 11 leased 787s.
Ten more aircraft that Norwegian has options on would also be powered by the Trent 1000 engine.
“This decision further develops our relationship with Rolls-Royce and we look forward to operating aircraft powered by the latest version of the Trent 1000,” said Bjørn Kjos, Norwegian’s chief executive.
In related news, Norwegian has just completed long-term financing for six Boeing 737-800 aircraft through its fully owned subsidiary Arctic Aviation Assets Ltd. The financing is structured as a private placement directed to institutional investors in the US market.

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