Rolls-Royce has won a long-term engine service agreement worth more than $350 million with Mexicana Group for the fleet of aircraft operated by its low-fare subsidiary, MexicanaClick. The TotalCare agreement covers 25 newly leased Boeing 717-200s, powered by Rolls-Royce BR715 engines.
More than 55% of Rolls-Royce’s modern jet engine fleet is covered by TotalCare or CorporateCare service agreements.
Ricardo Baston, executive vice-president, corporate planning and fleet transactions, Mexicana Airlines remarked, “Mexicana prides itself on reliability, innovation and technology. We have relied on high-performance Rolls-Royce engines for nearly 20 years. Selection of the BR715 for MexicanaClick will bring class leading payload and reliable performance, supported by Rolls-Royce’s world class TotalCare programme.”
The DoD has changed its structures and is been increasing efforts to facilitate access to loans by companies interested in working with artificial intelligence, advanced materials and semiconductors, biotechnology and quantum science.
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
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