Hints and tips:
...“What we are all seeing [across the industry] when these engines operate in hot sandy environments is that the durability is less good than in benign environments.”...
...Severn Trent told us: “We do not agree with the assertions made in this report and have not received contact from its authors.”...
...Sandy Morris, aerospace analyst at Jefferies, said there was “plainly no good news here”....
...Celine Fornaro, aerospace analyst with UBS, said the numbers showed “good cash progress and control on the Trent 1000”....
...Failures in its Trent 1000 engine, which powers Boeing’s 787 Dreamliner, will cost about £2.4bn in provisions between 2017 and 2023....
...Sandy Morris, aerospace analyst at Jefferies, said it was clear that uncertainty over Rolls-Royce would continue in the near term....
...Sandy Morris, analyst at Jefferies, said the extra charge related to the programme was “unfortunate”, advising that “until the Trent 1000 is tamed, some caution is required”....
...Stoke-on-Trent is one. Dagenham and Rainham is another where this vote matters. But let's come back to Warwick and Leamington for a minute because that's an interesting constituency....
...Sandy Morris of Jefferies said the decision held repercussions for Boeing and which engine manufacturer it would chose to power its plane....
...Sandy Morris, analyst at Jefferies, said it was “reassuring” that the “long-awaited” update reconfirmed the group’s financial guidance for the year “given the incremental challenges”, which emerged this...
...There were, however, £173m of Trent 1000 insurance receipts that look to be one-off. Working capital (excl. LTSAs) was an inflow of £531m....
...Sandy Morris, analyst at Jefferies, said while the episode was “embarrassing as it’s a brand new aircraft with a new operator”, the issue “was not comparable with that on the Trent 1000”....
...“Today’s . . . results appear to be at worst robust,” said Sandy Morris, analysts at Jefferies....
...“The Trent 1000 bad news is outweighed by good progress on the metrics that really matter to the equity story,” said Sandy Morris, analyst at Jefferies....
...It also reflects that the need to cut costs has been intensified by the recent Trent 1000 troubles....
...“For 2018, guidance is £450m, but adding back the £340m probable spend on the Trent 1000 and 900 you get £790m,” says Sandy Morris of Jefferies investment bank....
...“What I want to see is no appetite from Airbus and Boeing to take a chance,” said Sandy Morris, aerospace analyst at Jefferies investment bank....
...Sandy Morris, aerospace analyst at Jefferies, said the decision to demerge was the result of the market’s inability to absorb the challenges of two different sectors....
...“For the last two years, many have believed Rolls to be out of control, to have priced things wrong and to be unable to deliver,” said Sandy Morris, analyst at Jefferies....
...Sandy Loder, chief executive of AH Loder Advisers, used to work with the multi-family office Fleming Family & Partners, now part of Stonehage Fleming....
...Sandy, which devastated the eastern seaboard in 2012, cost the economy $74bn....
...These include the UK company’s Trent 1000 and Trent XWB engines, which are used on the Boeing Dreamliner and Airbus A350 respectively....
...I liked his brown-yellow hard surfacing, including a sandy base and stones with the imprint of a child’s footsteps....
...Thanet South, where incumbent Tory MP Laura Sandys is stepping down, is one option. “There is a much bigger prize than the Newark by-election and that is the general election,” Mr Farage said....
...“Last year we had the problems of [hurricane] Sandy and the fiscal deficit cliff. I don’t think that market conditions in the US have improved....
International Edition