Rolls-Royce (RYCEF.PK,RR.L,RYCEY.PK) Monday said it has been selected by SAUDIA, the national carrier of Saudi Arabia to provide long-term TotalCare engine service support, worth $1.3 billion, for 20 Airbus A330 Regional aircraft. According to Rolls-Royce, the Trent 700 is the clear market leader on the A330 with more than 60 per cent of new orders over the last three years. The Trent 700 now accounts for 90 per cent of A330 freighters in service and on order. The airline will operate the 20 aircraft in addition to the 12 A330s currently in service, also powered by the Trent 700.
Separately, the engine maker said it has been selected by International AirFinance Corp. or IAFC to provide Trent 700 engines, worth $930 million, for 20 Airbus A330 Regional aircraft.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.