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RR. Rolls-royce Holdings Plc

418.10
11.60 (2.85%)
03 May 2024 - Closed
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
  11.60 2.85% 418.10 416.70 417.00 416.90 408.50 412.20 13,213,281 16:35:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Aircraft Engine,engine Parts 16.49B 2.41B 0.2884 14.45 34.85B

Rolls-Royce Holdings Expects Further Trent 1000 Delay

20/09/2019 7:54am

Dow Jones News


Rolls-royce (LSE:RR.)
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   By Adria Calatayud 
 

Rolls-Royce Holdings PLC (RR.LN) said Friday that it expects a further delay in reducing the number of aircraft-on-ground events linked to issues in its troubled Trent 1000 engines, but said its cash-cost guidance remains unchanged.

The British aircraft-engine maker said it now expects to return to a single-digit level of aircraft-on-ground events on the Trent 1000 to be delayed until the second quarter of 2020. The company said it is working with its customers to minimize the impact on their operations.

Rolls-Royce said faster deterioration of the high pressure turbine blade on the Trent 1000 TEN has remained a challenge. The company said it has decided to accelerate blade replacements for some engines yet to be fitted with the final standard of intermediate pressure turbine blade, which has led to additional engine removals.

 

Write to Adria Calatayud at adria.calatayudvaello@dowjones.com

 

(END) Dow Jones Newswires

September 20, 2019 02:39 ET (06:39 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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