Rolls-Royce has signed a £340 million deal to look after the engines on a fleet of aircraft flown by Vietnam Airlines.
The deal, known as a TotalCare long-term engine support contract, will see Rolls-Royce maintain the Trent XWB engines, which power the airline's fleet of 14 A350 aircraft.
The contract was signed 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.
Source: Airbus
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, said: "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."
Tony Wood, Rolls-Royce's president of aerospace, said: "The Trent XWB is the latest example of our ability to take the best in technology to deliver new standards of excellence. We look forward to supporting Vietnam Airlines for many years to come."
Based on the article “Derby's Rolls-Royce signs £340m engine support deal with Vietnam Airlines” published in DerbyTelegraph