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10-Jun-2026 8:16 AM

Rolls-Royce: 'We are making our engines easier to maintain, cheaper to operate and faster to repair'

Rolls-Royce VP of sales for the Americas Michael Ryan, speaking at the CAPA Airline Leader Summit Americas, stated (27-May-2026) "Over the past four years, our financial turnaround has been extraordinary. Emerging from the pandemic, we were a stagnating company. Our profitability lagged the competition, and we were saddled with mountains of debt. It is not an exaggeration to say that we were fighting for our survival. The idea of forward looking investments felt out of reach". Mr Ryan reported that "Since then, a combination of stronger flying hours and relentless focus on reducing costs, driving efficiency, improving working capital and growing margins has delivered a steep change in our financial performance. From 2022 to 2025, our revenues are up 58%". He said this "improved cash generation and strengthened balance sheet have provided additional scope for investment in research and development", noting: "We have more than doubled our capital expenditure since 2022, from GBP405 million (EUR468.74 million) to more than GBP1 billion (EUR1.16 billion) in 2025". Mr Ryan continued: "These investments have funded a variety of improvements, including in engine durability and time on wing, reducing operational disruption, advances in fuel efficiency, reducing operating costs and growth in MRO capacity and capability". He concluded: "We are making our engines easier to maintain, cheaper to operate and faster to repair". [more - CAPA TV]

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