ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

RR. Rolls-royce Holdings Plc

419.00
1.80 (0.43%)
Last Updated: 09:18:32
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rolls-royce Holdings Plc LSE:RR. London Ordinary Share GB00B63H8491 ORD SHS 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.80 0.43% 419.00 418.90 419.10 422.90 416.90 417.20 2,728,493 09:18:32
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Aircraft Engine,engine Parts 16.49B 2.41B 0.2884 14.55 35.1B

Airbus to Fly Hybrid-Electric Test Aircraft by 2020

28/11/2017 10:24am

Dow Jones News


Rolls-royce (LSE:RR.)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Rolls-royce Charts.
By Robert Wall 
 

LONDON- Europe's top engineering companies Airbus SE (AIR.FR), Rolls-Royce Holdings PLC (RR.LN) and Siemens AG (SIE.XE) plan to fly a hybrid-electric airliner in three years in what it turning into a race with Boeing Co. (BA) over who can first showcase the benefits of small electric passenger planes.

The three European companies plan to modify a BAe 146 regional airliner with a hybrid-electric propulsion system to take flight in 2020. "It is an aggressive target," Airbus Head of Flight Demonstrators Mark Cousin said Tuesday.

Ticket-buying customers could be flying on a regional plane seating around 100 passengers in 2030, Rolls-Royce Chief Technology Officer Paul Stein said.

Boeing, through its HorizonX venture capital arm, in April announced an investment inZunum Aero, a Kirkland, Wash, firm developing electric aircraft propulsion systems. JetBlue Airways Corp., with its own venture capital arm also has taken a stake.

Zunum Aero's initial design will be for a plane seating up to 12 passengers. The company hopes it will enter service in 2022.

Boeing last month also said it plans to acquire Aurora Flight Sciences Corp., deepening its reach into electric-powered aircraft.

The National Aeronautics and Space Administration last year started an experimental electric plane concept, designated the X-57.

Boeing, the world's largest plane maker by deliveries, and its nearest rival Airbus, dominate the market for passenger planes seating more than 150 passengers. Those planes have been in the crosshairs of environmental groups for their fuel burn, spurring the interest of plane makers for alternative, cleaner power sources. Fuel is also one of the biggest costs for airlines.

The technology concepts now on the drawing board are modest compared with the jetliners most airlines operate. Still, Mr. Cousins said "there are a number of airlines who are very interested in the development of this technology." British budget airline easyJet PLC this year signaled it could be interested in an electric plane concept.

Eventually, the goal is to introduce the technology also into the single-aisle and widebody planes most commonly used by the world's airlines, Mr. Stein said.

Airbus in 2015 demonstrated a prototype electric plane in an English Channel crossing. It abandoned to build a family of small, electric planes seating fewer than five people to instead focus on the larger design.

With the new E-Fan X, Mr. Cousin said, "the objective of this is not to produce a product but to mature technology." A production design would yield double-digit fuel burn savings and also cut noise and other pollutants.

Each company will contribute several million dollars to fund the effort. The group also is seeking U.K. government financial backing.

The companies decided to modify the existing four-engine plane design in part for safety reasons. Only one of the engines will initially be replaced with the hybrid-electric design. The engine will be replaced by a two megawatt electric motor powered by an existing aircraft engine. The aircraft will also feature a battery to deliver a power boost for extra power during takeoff.

"There are no fundamental technology blockers," Mr. Cousin said. The target now is to make that equipment light enough to put on a plane.

 

Write to Robert Wall at robert.wall@wsj.com

 

(END) Dow Jones Newswires

November 28, 2017 05:09 ET (10:09 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

1 Year Rolls-royce Chart

1 Year Rolls-royce Chart

1 Month Rolls-royce Chart

1 Month Rolls-royce Chart

Your Recent History

Delayed Upgrade Clock