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Tag: Rolls-Royce

Rolls-Royce: Disappoints investors with bigger-than-estimated profit drop

Rolls-Royce: Disappoints investors with bigger-than-estimated profit drop Rolls-Royce: Disappoints investors with bigger-than-estimated profit drop

Aircraft engine maker Rolls-Royce disappointed investors by reporting a bigger-than-expected fall in first-half profit, underscoring the challenges its new chief executive faces in trying to restore the health of its civil aviation business. Shares in the British company, whose engines power the Airbus 350 and Boeing 787, fell 7.5 percent after it said its underlying […]

Former BP executive at the helm of Rolls Royce

Former BP executive at the helm of Rolls Royce Former BP executive at the helm of Rolls Royce

Rolls-Royce has appointed former BP executive Tufan Erginbilgic as its new chief executive to replace outgoing Warren East, in a move analysts say will help boost profits at the British aero engine maker. East, whose seven years at Rolls have been marred by costly engine problems and the pandemic, will step down at the end […]

Britain: The Unite union rejected Rolls Royce’s wage proposal

Britain: The Unite union rejected Rolls Royce’s wage proposal Britain: The Unite union rejected Rolls Royce’s wage proposal

The Unite union today rejected the latest payroll offer from British aircraft engine maker Rolls Royce, which included a 2. 2,000 grant to much of its British workforce, saying it was falling short of expectations. “The revised proposal is still far behind the request for a judgment on the cost of living submitted by our […]

Turkey ‘bakes’ Rolls-Royce for production of new Turkish fighter jets

Turkey ‘bakes’ Rolls-Royce for production of new Turkish fighter jets Turkey ‘bakes’ Rolls-Royce for production of new Turkish fighter jets

Turkey has sent a request for proposals to Rolls-Royce as it seeks a deal to co-produce an engine for the country’s domestic fighter jet, the TF-X, according to the government’s chief procurement officer. Ismail Demir and Air Force Commander General Hasan Kucukakiuz led two top Turkish delegations to the United Kingdom in May for a […]

Rolls-Royce: The economic performance corresponds to the estimates

Rolls-Royce: The economic performance corresponds to the estimates Former BP executive at the helm of Rolls Royce

Rolls-Royce announced that its financial performance at the beginning of 2022 was in line with the estimates, while maintaining the estimates for the whole year, despite the macroeconomic uncertainties. The British group said that the flight hours of the big engines increased by 42% on an annual basis for the first four months, and that […]

Rolls-Royce drops Wraith and Dawn models

Rolls-Royce drops Wraith and Dawn models Rolls-Royce drops Wraith and Dawn models

Rolls-Royce has stopped taking orders for the Wraith coupe and Dawn convertibles, with production of these models continuing until early 2023 to fulfill existing orders. It is also stated that these models will not receive direct successors with internal combustion engines. The Wraith coupe will be replaced by the Rolls-Royce Specter electric car, which will […]

The darkest black: the strengthened and modified Rolls-Royce Black Badge Ghost is already available to order in Russia

The darkest black: the strengthened and modified Rolls-Royce Black Badge Ghost is already available to order in Russia The darkest black: the strengthened and modified Rolls-Royce Black Badge Ghost is already available to order in Russia

The British automaker Rolls-Royce Motor Cars has held a presentation of a new luxury car in Moscow – Rolls-Royce Black Badge Ghost. Rolls-Royce Black Badge Ghost customers can choose from 44,000 ready-to-use paint colors or customize their own colors. And of course the Rolls-Royce Black Badge Ghost is available in signature black. According to the […]