Icelandair Awards $100 M Maintenance Contract to Rolls-Royce
(September 13, 2007) -- Rolls-Royce has signed a new engine overhaul agreement with Icelandair, covering the RB211-535s which power the airline's fleet of 21 Boeing 757s.
The five year contract is valued at $100 million and the work will be carried out at the Rolls-Royce Aero Repair and Overhaul (AR&O) facility in Derby, UK.
Jens Bjarnason, Senior Vice President of Technical Services at Icelandair, said: "We have enjoyed a 15-year relationship with the Rolls-Royce Aero Repair and Overhaul business, during which time we've received only the best in terms of service levels. As the original manufacturer, Rolls-Royce can offer us unparalleled knowledge of the engines as well as a mature understanding of our operations."
Miles Cowdry, President - Services for Rolls-Royce, added: "We're delighted that Icelandair has decided to extend its services links with us. A high level of trust has been built between our two companies over the years and this is reflected in the decision to continue this long and successful relationship."
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