Rolls-Royce plc is a global business providing integrated power systems for use on land, at sea and in the air. Rolls-Royce was nationalised in 1971. The automobile company was separated in 1973 and the present Rolls-Royce plc was re-privatised in 1987. Rolls-Royce plc is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. Its civilian product range includes:
- Large aircraft engines: Trent XWB, Trent 1000, Trent 900, Trent 800, Trent 700, Trent 500, RB211-524, RB211-535, International Aero Engines V2500;
- Small aircraft engines: AE 2100, AE 3007, BR700, BR725, Tay, FJ44, RR500 turboprop, M250 turboprop;
- Helicopter engines: M250 Turboshaft, RR300, RR500 Turboshaft, T800.
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Rolls-Royce and Pratt & Whitney have signed an agreement to develop next generation engines to power future mid-size aircraft in the 120–230 seat range, putting Rolls-Royce back into the picture for narrowbody engines. Rolls is an important partner in International Aero Engines (IAE), the four member venture which produces the V2500 engine for the A320, but it has not developed a new engine for the next generation of regional jets and narrowbodies, which are due to come into service over the next six years.
The aim of the joint venture (JV) is to develop new engines for the next generation of aircraft that will replace the existing ‘mid-size’ fleet. The 20-year forecast for this segment is a worldwide demand of around 20,000 new aircraft, with a requirement for nearly 45,000 engines.
Rolls-Royce has lost its patent case against Pratt & Whitney’s parent United Technologies Corp. A US District Court of Alexandria, Virginia ruled that Pratt & Whitney's GP7200 fan stage does not violate a 2000 patent for Rolls' Trent engine family.
LCC start-ups dominated airline news this week. Air Canada revealed it is drawing up a business plan to launch an LCC in response to its fast-growing low-cost rivals such as WestJet, Porter Airlines, Air Transat and Sunwing in the Canadian market, according to reports.
Hyderabad Rajiv Gandhi International Airport, which celebrated its third anniversary of operations on 23-Mar-2011, stated it has developed a three-pronged strategy to improve its revenues in the wake of a decline in the real estate market.
Qatar Airways’ CEO Akbar Al Baker announced on 20-Dec-2010 that Qatar Airways is on track to declare “a very hefty profit” this year, clearing the way for an IPO. The CEO stated he is "pretty confident" the carrier will launch an IPO in early 2012, after achieving three consecutive years of profitability.
Australia’s Transport Safety Bureau (ATSB) and Civil Aviation Safety Authority (CASA) have released their safety recommendations and the results of the preliminary investigation relating to the failure of a Rolls-Royce Trent 900 engine on a Qantas A380 last month. The report by the ATSB identifies an overspeed-related failure in the intermediate pressure turbine disc in the engine, and identifies a potential manufacturing defect with an oil tube connection to the high-pressure (HP)/intermediate-pressure (IP) bearing structure of the Trent 900 engine. Qantas has gained an injunction against Rolls-Royce in the Australian Federal Court and now pushes its claims for compensation, with the background threat of further litigation if agreement on terms is not possible.
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