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Rolls-Royce withdraws from Boeing's new mid-market engine race
Thu, Feb 28, 2019
The aerospace engineer also said on Thursday it had increased the charge it had taken on fixing problems with its Trent 1000 engines to 790 million pounds from 554 million pounds at the half year. ($1 = 0.7524 pounds)
Rolls-Royce unveils concept electric vertical take-off and landing vehicle at Farnborough
Tue, Jul 17, 2018
The initial concept vehicle uses gas turbine technology to generate electricity to power six electric propulsors specially designed to have a low noise profile. It also has a battery for energy storage. In this hybrid-EVTOL configuration it could carry four or five passengers at speeds up to 250mph for approximately 500 miles, said the company.
Rolls-Royce sticks to 2018 guidance despite rise in Trent 1000 costs
Fri, Jun 15, 2018
Rolls on Friday announced new ambitious mid-term financial targets, but in the short term the engineering company remains under pressure due to ongoing issues with parts not lasting as long as expected on the Trent 1000 which powers the Boeing 787.
Rolls-Royce shares jump as commercial marine unit goes on the block
Wed, Jan 17, 2018
Britain`s Rolls-Royce said on Wednesday it was considering the sale of its commercial marine business, which has been hit by weak demand in offshore oil and gas markets, as part of a restructuring of the company into three core units.
Force Motors announces JV with Rolls-Royce to produce engines; shares jump 5%
Tue, Sep 12, 2017
Force Motors announced a joint venture with Rolls-Royce to produce engines in India.
BMW to launch 40 new cars in next two years to compete with Mercedes Benz
Tue, Mar 21, 2017
Mercedes-Benz, flagship of Stuttgart's Daimler group, beat BMW to the top spot in the luxury car segment last year for the first time in more than a decade.
Virgin Atlantic places order for 12 Airbus A350-1000 aircrafts
Mon, Jul 11, 2016
It is part of a fleet modernisation program which will see 50% of Virgin Atlantic’s aircraft replaced in a six year period.