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Emirates signs USD600 million engine maintenance agreement with HAESL and SAESL

United Arab Emirates: Tuesday, November 22 - 2005 at 15:05
PRESS RELEASE

Emirates Airline has signed a new contract with Hong Kong Aero Engine Services Ltd. (HAESL) and Singapore Aero Engine Services Limited (SAESL) for the ongoing maintenance and repair of Rolls-Royce Trent aircraft engines within its fleet.

The contract was signed today by HH Sheikh Ahmed bin Saeed Al-Maktoum (centre), Chairman of Emirates, John Horsburgh (left) and Richard Kendall (right), chief executives of HAESL and SAESL respectively, at the 2005 Dubai Air Show.

The new contract, potentially worth US$600 million, will cover the maintenance of all Emirates' Trent 500, Trent 700 and Trent 800 engines for the next three years. Up to 200 engines could be overhauled under this agreement and the work will be shared between HAESL and SAESL.

Emirates Chairman, HH Sheikh Ahmed bin Saeed Al-Maktoum said:

"We are pleased to renew our partnership with HAESL and extend it to SAESL. Their expertise in this field complements the maintenance support from Emirates' own engineering division, and we look forward to working closely with them in providing our fast-expanding fleet of modern jets with the highest standards of engine maintenance and repair services."

John Paterson, Chairman of HAESL and SAESL, said: "HAESL has had a strong relationship with Emirates since they began operating Trent engines eight years ago. This new agreement will enable Emirates to continue focusing on its core business, which has seen the airline achieve unmatched growth through an award-winning service.

"We are delighted that Emirates has chosen to extend its relationship with us as it demonstrates complete confidence in our offering and the service we provide."

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Related site: http://www.emirates.com

Notes and media contacts

Dubai-based Emirates is one of the fastest growing international airlines, serving over 75 cities in 54 countries with a modern fleet of 83 wide-bodied aircraft.

Emirates currently operates 60 Rolls-Royce Trent powered aircraft, ten Airbus A340-500/600s (Trent 500), 29 Airbus A330-200s (Trent 700), and 21 Boeing 777-200/300s (Trent 800). Over 170 Emirates Trent engines have been repaired and overhauled to date by HAESL and SAESL.

HAESL is a joint venture involving Rolls-Royce, Hong Kong Aircraft Engineering Company Limited (HAECO) and SIA Engineering Company and was established in 1997. SAESL, incorporated in 1999, is jointly owned by SIA Engineering Company, Rolls-Royce and Hong Kong Aero Engine Services Limited.

For more information:
Valerie Tan
Emirates Corporate Communications
Tel: +917-4-2032142
Tel: +971-50-5526231
Fax: +9714-2950758

Annalie Brown
Communications Manager
Rolls-Royce plc (on behalf of HAESL/SAESL)
Tel: +44 (0)7966 878229
Fax: +44 (0)1332 269540

Posted by Anne-Birte Stensgaard, Senior News Editor
Tuesday, November 22 - 2005 at 15:05 UAE local time (GMT+4)

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Emirates signs USD600 million engine maintenance agreement with HAESL and SAESL

Emirates Airline has signed a new contract with Hong Kong Aero Engine Services Ltd. (HAESL) and Singapore Aero Engine Services Limited (SAESL) for the ongoing maintenance and repair of Rolls-Royce Trent aircraft engines within its fleet.

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