Winning a customer for six engines to power three aircraft might not make headlines, but winning back a customer who earlier selected your competitor’s product is different. Rolls-Royce hailed the return of LATAM to the family when it announced the…
Cathay Pacific is inspecting its Airbus A350 fleet after discovering a problem with the Rolls-Royce Trent XWB engines. An incident on a flight from Hong Kong to Zurich experienced an engine failure and returned to the Hong Kong airport after…
Despite progress on the recovery of its widebody engines that are flying more hours than before, Rolls-Royce’s Civil Aerospace business unit has actually slipped back into a loss in HY1 of this year. Are Rolls-Royce’s HY1 results as bad as they…
Rolls-Royce has confirmed that it has submitted a proposal to Embraer to power the new 70-90 seater turboprop that the Brazilian plans to launch later this year or in early 2023. During an Investor Day presentation, President of Civil Aerospace, Chris…
Rolls-Royce has produced its first operating profit since 2019, reporting a £414 million underlying operating result for 2021. The engine maker has completed a long and painful restructuring that has reduced its Civil Aerospace unit in size by one-third. It expects…
News: The financial picture at Rolls-Royce, as with every other commercial aviation entity, has turned bleak amidst the current global pandemic. The company was estimating a positive cash flow of £1 billion for this year but is now expecting a…