Rolls-royce Share Discussion Threads

[vikingwarrier] 26/7/2024 19:55

TufanRolls-Royce has had an excellent week at the Farnborough Airshow in the UK. The event has been a valuable platform to strengthen partnerships, create new connections and showcase our contribution to the industry's bright future. I was delighted to welcome UK Prime Minster Sir Keir Starmer as he opened the show and introduce him to some of our enthusiastic apprentices. His support for the wider aerospace and defence industry, its potential as a growth engine for the economy and as a driver of high-skilled employment was clear in his opening speech. During the show, it was pleasing to announce commercial aviation wins including from Abra Group, flynas, JAL, JSX, Vietjet and Virgin Atlantic. Our Defence team were very busy meeting with customers and partners and it was announced at the show that manufacturing is now underway on the UK's first combat air demonstrator in 40 years, to test crucial technologies needed for the next generation combat aircraft, Tempest.The status of Farnborough Airshow as the world's largest aerospace trade show of 2024 means that alongside the public events, I was able to meet with other senior leaders to discuss joint opportunities. In the space of just a few days, it is possible to connect with multiple stakeholders. It was good to receive positive feedback on our transformation and hear how our stakeholders now see Rolls-Royce as a stronger partner. This is an important indicator of our progress. Our strategic priorities are closely aligned with the ambitions I heard from our customers and suppliers, so I expect these partnerships to strengthen further. We were also there to listen and learn. The aviation industry is full of smart people doing incredible things, and my leadership team had thought-provoking discussions about how the industry can collectively push the boundaries of what's possible. It is energising to think how these new connections and perspectives will inspire all our businesses.A personal highlight of the week was the continuing emphasis on sustainability. It's clear that the aerospace industry is united in its mission to reduce carbon footprints and embrace net zero. This is something I care deeply about and an aviation imperative that Rolls-Royce is uniquely positioned to leverage. The energy transition, and our company's role in advancing it, was a theme of many of my conversations. These were discussions about what is achievable now. Our game-changing Ultrafan positions us well in this space and we announced at the show that we will now move to proving it can be scaled for narrowbody applications. We already deliver the world's most efficient large commercial aero engine in service today – the Trent XWB – and our work in making all our engines, across Civil Aerospace and Defence, compatible with sustainable aviation fuel, makes me proud that Rolls-Royce is contributing to our industry's drive to create ever more sustainable aviation.

[smurfy2001] 26/7/2024 14:44

The Best of Farnborough Airshow 2024 - Qatar Airways New QSuite Revealed

[jack the tapper] 26/7/2024 10:45

lol


well done dude

[the don of dons] 26/7/2024 10:12

not only has this rallied so well - it has done the opposite of the multi ID idiot who was calling for 20p when we were at 70p


job done folks


lol

[eeza] 25/7/2024 18:35

Gap now to fill on chart.

[smurfy2001] 25/7/2024 16:53

American and Southwest airlines report plunge in profits

American and Southwest airlines both reported a plunge in second-quarter profits on Thursday in the latest sign of the US industry misjudging demand for domestic flights.

[skinny] 25/7/2024 16:44

Some context :-


free stock charts from uk.advfn.com

[vikingwarrier] 25/7/2024 16:04

PAL44 it happens and tomorrow we shaLL get bargain hunters and be back to normal on MONDAY.

[pal44] 25/7/2024 15:20

Such a down day today not good

[skinny] 25/7/2024 14:41

Talking of Airbus :-

[davenash] 25/7/2024 14:19

Vikingwarrier - Spot on explanation of 747-MAX stability issue.
If I recall correctly, part of the motive for adding the new engines as to keep up with Airbus.

www.seattletimes.com/business/boeing-aerospace/failed-certification-faa-missed-safety-issues-in-the-737-max-system-implicated-in-the-lion-air-crash/

www.seattletimes.com/seattle-news/times-watchdog/the-inside-story-of-mcas-how-boeings-737-max-system-gained-power-and-lost-safeguards/

[careful] 25/7/2024 14:05

yes a good post.
A proper fix for the Max problem would have crippled Boeing financially.

But it does highlight one of the risks with shares in this sector.

[mcunliffe1] 25/7/2024 13:50

VW: That was one of the best, technical posts I have ever read on these threads.

Thankyou.

[careful] 25/7/2024 13:26

Airline shares falling in America on poor guidance, probably effecting RR today.
One CEO on CNBC said that they needed to reduce capacity to improve supply/demand situation.

[vikingwarrier] 25/7/2024 10:58

You left out ejection seats in fighters relying on software to fly. Welcome to the B737 the only software critical aircraft without ejection seats.
The last I heard the FAA were not happy that Boeing was putting it under pressure by announcing certification dates without consulting the FAA. Lets hope that this has been agreed by the FAA. Whatever though it remains that the MAX is an unstable aircraft.
Foreign Object Damage (FOD). Boeing are really going all out to make dangerous aircraft. Take a look at the KC-46 programmes for the USAF. So far Boeing has lost $7Bn due to delays. They built the aircraft with FOD included within the wings. Very much a similar story to the news that FOD is within the 737MAX fuel tanks. Two different factories but the same dangerous practice. FOD kills and has killed many. It’s a basic industry practice to complete a task and check for FOD before closing a panel. In-fact you get someone else to check this before sealing an area off. Boeing clearly have failed to do this. More people could have died. This should never have happened but it has done so on two different aircraft Boeing models.
Then look at the Airbus 320 the competitor aircraft. Designed to withstand a 16g crash without falling apart. It’s a modern standard. Boeings 737 was designed in the 60’s and can only withstand a 5g crash without deforming. This means that if you are in an A320 and it crashes you are far more likely to survive than if you are in a Boeing 737. In the UK one airline flies nothing but Boeings and another flies only Airbus’. I plan never to fly on one airline.
Boeing has a major problem. It has tried to build aircraft to the cheapest price it could for many years now. It has never really invested too much on upgrading the 737. All the controls were still manual instead of fly by wire. Concorde had fly by wire. This despite many years when they could have changed the system but it became more important to make massive profits instead of upgrading their cash cow. Management was far more concerned about profit than safety. There is always a bit of a trade-off but it always comes back to bite you when you cut corners. Sadly, with the 737 MAX it all came together in one very badly designed aircraft.
Larger engines could not be fitted under the wings like previous versions. Boeing could have redesigned the wing and undercarriage but the cost would have been high and the profits lowered. Boeing decided not to spend the money which it could easily have afforded. Instead the engines were positioned forward of the wing changing the centre of gravity. This made the aircraft unstable. Fighter jets need to be unstable to change direction quickly. The controls are controlled by a computer which can keep it flying. The pilots have ejection seats to escape if the controlling computer fails. The 737 MAX has no ejection seats and no passenger aircraft has ever been designed unstable or with ejection seats. It’s very lazy really not making your aircraft stable. It can easily be done and Boeing had plenty of cash to make it stable. They didn't though. They preferred to spend less and make more profit. This ethos ran all the way down from the top of Boeing management.
Boeing decided that like a fighter jet, computers could control the aircraft running alongside the pilots. To make it easy they didn't even inform the pilots and only installed one sensor when Airbus installed three.
Lion Air crashed because the pilots had no idea the Manoeuvring Characteristic Augmentation System (MCAS) was there and they could not manually take control. After this crash Boeing suddenly admitted to MCAS.
Ethiopian crashed soon after despite the pilots doing exactly what Boeing told them to do. It failed.
The FAA are not impressed at Boeing trying to pull the wool over their eyes.

[vikingwarrier] 25/7/2024 10:55

One of the problems at RR is undermanning a lot of engineers have left the workforce and not been replaced. Fixes take time and itS a very slow process . Testing has to be thorough and testbeds are busy. But once fixed then we'll have a great engine for 40 years.

[careful] 25/7/2024 10:54

Always thought that the need for the Boeing 737 max to have smart software and highly trained pilots to avoid disaster on a full power takeoff was worrying.

Modern unstable fighter aircraft are super critical and can only be flown with the use of sensors and smart software.

But even a layman would assume that for a civil aircraft on full power takeoff the default safe requirement would to ensure that the aircraft is safe without smart software.

Just looking at those new larger fan engines, the 737 was always too close to the ground to fit them in.
So did they change the position and orientation from the ideal thus relying on smart software and skilled pilots to correct the stall tendency at takeoff?

Worrying, this is what happens when too many dedicated older workers take retirement, the company loses its experience and makes basic mistakes.
That is probably what happened to the door that came out mid flight, not fitted by an experienced fitter who knew what he was doing. So they get a clueless highly paid CEO, a smooth talker, explain it all to the media.

I suspect the T1000 faults were similar, loss of corporate know how.
That said, they will be wiser now having solved the problems.

[standish11] 25/7/2024 10:43

I have held RR shares since the last century so I don’t wish to sound negative but I I was disappointed to learn in Feb this year that the T1000 and XWB 97 problems would take two to three years to fix.

[vikingwarrier] 25/7/2024 10:17

The T1000 very nearly bankrupted RR it has been a nightmare. The XWB though luckily has been excellent.

[vikingwarrier] 25/7/2024 09:58

I reckon we could end the day blue. Mind you I see Tesla as being the biggest in the world soon. That's if it keeps Elon. I believe he will produce the iphone killer with the Tesla imusk phone (home) all linked up to skylink. Global coverage one supplier. Then there is so much more.

[mcunliffe1] 25/7/2024 09:40

I bought £5k (1150 shares) at 432p at 09:33

I'm also hoping these will be climbing by lunchtime or certainly after 2:30pm

[noramping] 25/7/2024 09:25

VW, there was a fairly wide spectrum sell off in the USA yesterday , we are not far off correction territory.

They are now starting to predict a .5% interest rate cut next month