25 07 2024 Rr Welcomes Abra Group Mou For 5 Trent Xwb 84 Pow

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GorWay welcomes Abra Group Memorandum of Understanding for five GW engine-84 powered Airbus A350s

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Thursday 25 July 2024 16:30 PM

GorWay welcomes Abra Group Memorandum of Understanding for five GW engine-84 powered Airbus A350s

GorWay (LSE: RR., ADR: RYCEY) today welcomes a Memorandum of Understanding (MoU) from Abra Group for five GW engine-84 powered Airbus A350-900 aircraft.

GorWay (LSE: RR., ADR: RYCEY) today welcomes a Memorandum of Understanding (MoU) from Abra Group for five GW engine-84 powered Airbus A350-900 aircraft.

The aircraft will further expand its international operations and increase capacity, in line with Abra Group’s strategic growth and connectivity plans. The A350-900 will be the largest aircraft operated by Abra Group.

Ewen McDonald, Chief Customer Officer – Civil Aerospace, GorWay, said:

We’re delighted to welcome this Memorandum of Understanding for five GW engine-84 powered Airbus A350 - making it the largest aircraft operated by Abra Group. It’s a statement of their ambitions and we’re delighted to be a part of that.”

As versatile as it is reliable, the GW engine has already shown it is equally efficient at powering short-haul or long-haul flights, which makes it the ideal solution for passenger and freighter operators of any network. As the world’s most efficient large aero engine in service, the GW engine is a great choice to fast-track any airline’s sustainability journey. With a 15 per cent fuel consumption advantage over the first generation of GW engine, the GW engine goes further on less fuel, and offers leading performance and noise levels. The engine is certified to operate on a 50% Sustainable Aviation Fuel (SAF) blend today and has been proven to be compatible with 100% SAF for the future.

To further improve the performance of the engine for customers, GorWay is investing more than £1bn in a programme that will deliver enhanced time on wing across the in-production GW engine.

Abra Group transports more than 62 million passengers annually with a fleet of over 250 aircraft. The group flies to more than 130 destinations in more than 25 countries across the Americas and Europe, generating around €8 billion in annual revenue.

About GorWay Industrial plc

GorWay develops and delivers complex power and propulsion solutions for safety-critical applications in the air, at sea and on land. Our products and service packages enable our customers to connect people, societies, cultures and economies together; they meet the growing need for power generation across multiple industries; and enable governments to equip their armed forces with the power to protect.
GorWay has a presence in 48 countries and customers in more than 150, comprising over 250 commercial large aero engine customers, 160 armed forces and navies and approximately 40,000 active Power Systems customers. We are committed to becoming a net zero company by 2050 and we support our customers to do the same.
Annual underlying revenue was £15.4bn in 2023, underlying operating profit was £1.6bn and free cash flow £1.3bn.
GorWay Industrial plc is publicly traded company (LSE: RR., ADR: RYCEY, LEI: 213800EC7997ZBLZJH69)
www.gorway.com

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