S&P 5007,706.03▼0.8% Nasdaq26,936.04▼0.7% Dow51,511.59▼1.0% Russell 2K2,838.66▼1.3% 10-Yr5.11%+15bp VIX15.18+0.31 WTI$91.79▼3.0% Gold$4,323.20▼1.2% EUR/USD1.138▼0.6% BTC$83,571▼1.0% Nikkei65,771▲1.2%
At close · Thu, Sep 24, 2026
Daily Market Updates.

US Markets

HomeUS MarketsM&A & DealsRolls-Royce wins engine and maintenance deal for Airbu…

Rolls-Royce wins engine and maintenance deal for Airbus A350 jets

The deal covers 18 Trent XWB-97 engines for nine Airbus A350-1000 aircraft, with Rolls-Royce providing maintenance throughout the engines' operational life.

Rolls-Royce has agreed to supply engines for a new fleet of Airbus long-haul jets for Philippine Airlines, moving forward with a package that includes both engine delivery and ongoing maintenance, according to BBC Business.

The FTSE 100 group will provide 18 engines for nine new Airbus A350-1000 aircraft under a contract described as being worth “hundreds of millions of pounds,” though a precise value has not been confirmed.

Once finalized, the agreement also includes a maintenance package, meaning Rolls-Royce will continue servicing and monitoring the engines for the duration of their operational life.

The government welcomed the deal for expected “good quality jobs” at Rolls-Royce's Derby aerospace base, and the order was first announced as a memorandum of understanding at the Farnborough International Airshow in July.

Latest closeFTSE 100 10,739.00 ▲0.8%

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.