Intrepid Leasing Selects Rolls-Royce Trent 700 Engine to Power 17 A330 Freighters

Released on Tuesday, June 19, 2007

The Trent 700 has been selected by Memphis-based Intrepid Aviation Group for a fleet of 17 Airbus A330 freighters. The order, including a TotalCare long term services agreement, is valued at $1.2 billion at list prices.

As a launch customer for the A330 freighter, Intrepid will take delivery of the first of its new aircraft in 2010. The freighters will be offered to customers with a lifetime TotalCare services agreement, under which Rolls-Royce assumes responsibility for all engine maintenance.

Ron Anderson, Chief Executive Officer of Intrepid Aviation, said: "The Trent 700-powered A330 freighter offers our customers the greatest levels of flexibility combined with unbeatable economics. In line with our desire to offer equipment with low environmental impact, the Trent will deliver the best levels of emissions on these aircraft."

Chris Cyr, Executive Vice President - Americas at Rolls-Royce, added: "We're delighted to welcome Intrepid to the expanding Trent family of customers. As a lessor, they play an important role in widening the distribution of our products. As the only engine specifically designed for the A330, the Trent 700's effectiveness is reflected in its market-leadership on this aircraft."

A programme of continuous improvement, involving the introduction of the latest Trent family technology to the Trent 700, will ensure increased benefits to customers, such as the lowest fuel burn of any engine on the A330.