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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.90 | -0.68% | 420.70 | 420.60 | 420.80 | 423.60 | 418.30 | 422.30 | 19,207,993 | 16:35:23 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Aircraft Engine,engine Parts | 16.49B | 2.41B | 0.2884 | 14.58 | 35.18B |
From May 2019 to May 2024
By Stephen Wright
Air New Zealand Ltd. (AIR.NZ) is canceling some international flights to carry out unscheduled maintenance on Rolls-Royce Holdings PLC (RR.LN) engines, affecting about 14,000 travelers during the holidays.
Engine manufacturer Rolls-Royce is requiring airlines to increase the frequency of maintenance on planes with its Trent 1000 TEN engines due to a problem with high-pressure turbine blades in that model, the airline said in a statement Monday.
Air New Zealand has 10 of the Trent 1000 TEN engines in its fleet of Boeing Co. (BA) 787-9s.
"Rolls-Royce does not have any replacement engines available while maintenance work is undertaken and has advised Air New Zealand there's a significant wait for repair services," the airline said.
The affected flights are to Australian cities and to Tonga on dates in December and early January. The Christchurch-to-Perth route is the worst affected with 62 flights canceled.
The airline's shares were last trading down 0.5% at NZD2.78.
Write to Stephen Wright at stephen.wright@wsj.com
(END) Dow Jones Newswires
November 17, 2019 21:09 ET (02:09 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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