Rolls Wins USD$580 Mln Service Deal With Vietnam Air

July 29, 2015

Rolls-Royce has won a USD$580 million contract with Vietnam Airlines to provide servicing and maintenance to its Trent XWB engines which will power 14 Airbus A350s.

The deal was signed at an event in Vietnam, where British Prime Minister David Cameron is on a trade mission.

Rolls-Royce is trying to restore investor confidence after cutting profit forecasts three times in nine months.

It is due to report its half-year results on Thursday.

(Reuters)