Business
Rolls-Royce signs 'multi-million' engine deal
The order will see 18 engines built and maintained by the company from its Derby aerospace centre.
BBC Business•
Rolls-Royce has moved forward with a deal to power a new fleet of Airbus long-haul jets for Philippine Airlines.
The FTSE-100 firm will provide 18 engines for nine new Airbus A350-1000 aircraft in a deal worth "hundreds of millions of pounds".
The agreement, once finalised, also includes a maintenance package, meaning Rolls-Royce will continue servicing and monitoring the engines throughout their operational life, officials said.
While the deal is described as being worth "hundreds of millions", the precise value has not been confirmed.