Airlines company Emirates has awarded a long term service contract to Rolls Royce worth $2.2 billion (£1.4 billion).
The latest contract follows a similar deal signed with Emirates in November worth $1.2 billion. The latest deal entails maintenance of 70 Trent engines on Airbus aircrafts.
The entire Emirates Roll-Royce powered fleet will now be serviced under the Totalcare package.
Commending the new deal Mark King of Rolls-Royce Civil Aerospace said: “We are delighted to sign this contract with Emirates”.
Announcing its result last week, Rolls had said that the mid-air failure of one its Trent 900 engine on a Qantas Airbus A380 aircraft had dented its full year profits by £56 million.
The company had announced last week that pre-tax profit for 2010 had fallen by 76% to £702 million. The underlying pre-tax profit, which does not take into account one off charges and a which the company claimed to be a better indicator of performance was slightly higher £955 million.