Rolls-Royce will receive £2.5 billion ($3.3 billion) in U.K. government support to develop a new engine for narrow-body airliners. That R&D funding enables the UK-based engine manufacturer to return to the market’s most lucrative segment. The company left the narrow-body…
Rolls-Royce posted an underlying operating profit of £2.53 billion for 1H26, up 46% year over year and ahead of a £2.37 billion consensus. Revenue rose 24% to £11.28 billion, also beating estimates. Underlying operating margin expanded to 22.5%, from 19.1%…
It’s Day 2 at Farnborough, and engine orders and selections announced so far have been substantial, with Day 1 alone featuring 466 firm engine orders (plus 60 options) alongside aircraft deals. These are big numbers, and they fill the backlog…
Rolls-Royce announced the launch of an advanced aircraft and engine health monitoring program for Bombardier Global 5500 and Global 6500 business jets. Those business jets feature the state-of-the-art Pearl engines and their Engine Vibration & Health Monitoring Unit (EVHMU). Integrating Systems…
Top management of the three big engine OEMs must be leaving the IATA AGM in Rio de Janeiro with a bad feeling. They have been grilled for underdelivering and overcharging airlines for engines that have proved to be defective and…
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…