Rolls-Royce Signs £340 Million TotalCare Deal with Vietnam Airlines

Rolls-Royce has won a US$580 million (£340 million) TotalCare long-term engine support contract with Vietnam Airlines for Trent XWB engines that will power 14 Airbus A350 XWB aircraft.

The contract was signed on Wednesday at the Government Office in Hanoi in the presence of Vietnam’s Prime Minister Nguyen Tan Dung and UK Prime Minister David Cameron, who is visiting the country as part of a trade mission to South East Asia.

The signing comes just weeks after Vietnam Airlines became the second airline in the world to operate the Airbus A350 XWB.

Mr Cameron said, “Rolls-Royce is the pinnacle of UK manufacturing excellence, exporting to fast-growing markets across Asia. I’m delighted that they are announcing this £340 million contract with Vietnam Airlines supporting UK manufacturing in Derby, Rolls-Royce’s manufacturing hub for Trent XWB engines.”

Dr Pham Ngoc Minh, Vietnam Airlines, President and Chief Executive Officer, added, “As one of the first operators of the A350 XWB, we look forward to providing our passengers with outstanding service using state-of-the-art engines. This agreement will ensure we maximise the availability of these aircraft for service and enable us to become one of the leading airlines in South East Asia.”