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...Airbus, Boeing and engine makers Rolls-Royce, Safran, Pratt & Whitney and General Electric all provide services and sell spare parts....
...Europe’s Airbus plans to use a superjumbo A380 to test hydrogen-powered jet engines as part of a plan to bring a zero-emissions aircraft into service by 2035....
...The company makes most of its money from maintenance and service contracts when its engines are flying....
...However, unlike Rolls-Royce, they benefit from making higher-margin engines for narrow-body planes....
...With the latest commitment by Turkish Airlines to purchase more than 200 Airbus aircraft, including A350s which are powered by Rolls-Royce engines, 2023 will be the best year for Rolls-Royce in terms of...
...Erginbilgic said he expected to leverage Rolls-Royce’s new UltraFan programme of engine technologies for when the next generation of narrow-body aircraft is due to enter service around 2035....
...The deal is a further fillip for Britain’s Rolls-Royce, whose Trent XWB engines power the A350 jets used for long-haul travel....
...Rolls-Royce’s first-half profits surged fivefold after the rebound in international travel and better pricing for servicing engines helped buoy its performance....
...This will create problems for Rolls-Royce longer term. But at the moment, the UK jet engine group is at cruising altitude....
...Going by the precedent of Rolls-Royce’s Trent 1000 recall, this is the beginning of a long and costly process....
...“The twin-engine A350 is Airbus’ flagship widebody aircraft which entered into service in 2015. It is powered by Rolls-Royce XWB engines....
...That handily outperforms GE Healthcare, the S&P 500 and rival engine maker RTX. Only Rolls-Royce of the UK has fared better. Its shares are up 178 per cent. Even so, investors accord more value on GE....
...So began the era of the rock ’n’ Rolls-Royce....
...But despite being home to some of the biggest names in the aerospace supply chain — from Rolls-Royce’s aero-engines to GKN’s aerostructures business — there are challenges ahead....
...R2 Factory, which is chaired by Rolls-Royce’s chief technology officer Grazia Vittadini, was meant to offer a similar service to large industrial customers....
...Even China’s BYD, which has overtaken Tesla in EV sales, had a legacy making engine cars....
...Rolls-Royce, he added, had “prioritised customer service over company profitability” and needed to find a “better balance”....
...Rolls-Royce used a converted AE 2100-A turboprop engine that powers civil and military aircraft to conduct the test in partnership with easyJet....
...Cranfield University, Cranfield Aerospace Solutions spent the past three decades designing and certifying complex aircraft modifications for large original equipment manufacturers, such as Boeing, Airbus and Rolls-Royce...
...Engine maker Rolls-Royce was more bullish, noting that recovery in demand for large long-haul aircraft, its key market, was “coming back strongly”. Airlines are reorganising to cope....
...to pressure the French oil major to roll back some gas projects....
...Rolls-Royce plans to test whether hydrogen can safely power a small aircraft in ground trials using two of its engines as the UK engineering group steps up research into cutting-edge technologies....
...After launching the app in Singapore and Hong Kong, the bank plans to roll it out globally this year....
...But the rebound in travel helped Lufthansa, which posted record profits from higher ticket prices, and Rolls-Royce, which charged higher prices for servicing the engines of the world’s large airliners, such...
...At Rolls-Royce, ValueAct took a stake in 2015, becoming the group’s largest shareholder....
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