Israel’s national airline signed the deal during a ceremony attended by the UK Ambassador to Israel, H.E. David Quarrey.
The agreement was stated to be an ‘integral aspect’ of El Al’s aircraft acquisition renewal programme, in which 15 new Dreamliners will join its fleet by 2017. Rolls Royce were announced as both the supplier of the new engines for the aircraft, and being responsible for the service maintenance of them.
The deal was hailed by El Al President and CEO David Maimon as “a significant agreement in the Israeli aviation world”, adding that “Rolls-Royce is a major player in the area of aircraft engines.”
Eric Schulz, President of Rolls-Royce, said he was “proud to continue our close relationship with El Al which dates back more than 50 years.”
Ambassador David Quarrey said: “I am delighted to take part in the signing of this agreement, which reflects 50 years of partnership between El Al and Rolls Royce and is the largest ever UK deal to Israel. Trade and investment relations between the UK and Israel have never been stronger, and this deal is an important contribution to the future prosperity of both countries”.