Rolls-Royce Holdings plc (RR.L,RYCEY.PK) Wednesday announced signing of an agreement worth $400 million with Azul Brazilian Airlines for rendering TotalCare engine service support. Pursuant to this, Azul will operate six Airbus A330-200 and five Airbus A350-900 XWB aircraft powered by Trent 700 and Trent XWB engines respectively. Commenting on the transaction, Rolls-Royce, Senior Vice President - Customers, Civil Large Engines, said: "We are proud to be part of the Azul story and delighted that it has put its trust in Trent engines to power its widebody fleet. Our TotalCare support will help Azul to maximise aircraft availability and manage maintenance costs. We look forward to supporting the airline's continued expansion for many years to come."
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.