Tags: Rolls Royce

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Rolls-Royce Launches Exclusive VIP Showroom for Ultra-Wealthy Clients Hoping to Buy Custom Cars

Rolls-Royce opens an exclusive Private Office in New York, Manhattan for ultra-wealthy clients seeking customized cars.


Cathay Pacific Grounds Planes Due to Airbus A350’s Alarming Engine Fire—What Could Have Happened?

An engine fire on a Cathay Pacific Airbus A350, caused by a damaged fuel hose, forced the airline to ground its fleet for inspections to prevent further incidents.

Rolls-Royce Doubles Annual Profits in 2023

CEO Tufan Erginbilgic attributes Rolls-Royce's success to its transformation efforts, with a forecasted 6% profit growth in 2024.

Aurora Flight Sciences Develops Vertical Takeoff X-plane with Defense Agency and Investment Firm

Aurora Flight Sciences has been awarded a $89 million worth contract with a defense agency DARPA. The company is developing new design and technology that could enable its X-plane to do a vertical take-off, as well as hover and fly forward efficiently, potentially revolutionizing the military and commercial aviation sector.


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Rolls has defeated joint venturing General Electric and Pratt & Whitney while being awarded a £6.1billion deal with Emirates during April last year. Now the British car manufacturer again succeeds in snatching another deal worth $2.7billion with airline company Norwegian. The recent achievement is believed to accelerate Rolls CEO’s ongoing overhauling efforts aiming to establish transparency and cost cut of $200 million a year by 2017.
Rolls-Royce is planning to cut almost 400 jobs in its marine division according to a reliable source. The company which has been reported a series of losses this year is expected to perform the job cuts as soon as next week. It is believed that the job cut done as a way for the company to stay profitable.
British engineering crown jewel Rolls-Royce is dragged into the giant Brazilian scandal, as it has been accused of giving kickbacks to officials involved in the state-owned oil giant Petrobras.
Big may be beautiful, but Toyota Motor Corp's (7203.T) global design chief is betting that edgy is the way to go for the Japanese automaker's premium Lexus brand, specifically its signature 'spindle grille' design.
When the Airbus (AIR.PA) A350 jet made its commercial debut with Qatar Airways this week, the event marked a milestone for engine supplier Rolls-Royce (RR.L), but slipping unnoticed under the radar with financing was its arch-rival General Electric (GE.N).
Airbus edged closer toward raising production of its best-selling model on Tuesday, declaring the supply chain stable and hinting at a decision to produce more of its A320 cash cow in coming months.
Britain's Rolls-Royce (RR.L) said it won a $5 billion contract to supply aero engines to power 50 new Airbus (AIR.PA) planes ordered by Delta Air Lines (DAL.N).
British engineering company Rolls-Royce (RR.L) said airline Norwegian (NWC.OL) had selected its engines to power nine Boeing (BA.N) Dreamliner aircraft and signed up for a long-term maintenance and servicing contract worth $440 million.
German carmaker Daimler will take a 5% stake in British luxury sports carmaker Aston Martin in exchange for supplying engines and electronic components to the latter. The partnership will develop a new generation of V8 engines for sports cars.
Rolls-Royce had sold its 50% stake in the RTM322 helicopter engine program to its program partner Turbomeca by Safran for EUR239 million or USD386 million.
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