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Wed, May 24, 2006

Rolls-Royce Signs Engine Overhaul Deal With Monarch Airlines

Covers Engines On B757s, A320s In UK LCC's Fleet

Rolls-Royce Aero Repair and Overhaul told ANN Wednesday the company has signed a new agreement for complete engine overhaul service with Monarch Aircraft Engineering Ltd, a subsidiary of British LCC Monarch Airlines. The new contract covers engine overhauls on the carrier's fleet of Rolls-Royce RB211-535-equipped Boeing 757s, and its Airbus A320s outfitted with International Aero Engines (IAE) V2500 engines.

The deal is worth up to $75 million over the next five years. Work on Monarch’s RB211s (type shown at right) will be carried out at the Rolls-Royce AR&O facility in Derby, while the V2500s will be overhauled at the company’s site in East Kilbride.

"This is an important decision that recognizes Monarch’s ongoing confidence in the ability of Rolls-Royce to deliver high value, high quality levels of service," said John Paterson, Managing Director, Aero Repair and Overhaul at Rolls-Royce. "We are delighted that Monarch has chosen to extend its relationship with us."

The two companies have enjoyed an ongoing relationship since 1991, when the first engine maintenance contract began.

"Our decision to continue our relationship with Rolls-Royce was based on our experience of working with the company for the last 15 years," said Derek Gibson, Commercial Director at Monarch Aircraft Engineering. "As the original manufacturer, Rolls-Royce is in the best position to provide us with an optimum maintenance solution for its engines."

FMI: www.rollsroyce.com, www.flymonarch.com

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