Posts Tagged ‘engine investigations’

Rolls Royce honing in on problem: share price slide halted

November 8, 2010

It seems that Rolls Royce are honing in on the A380 problem which seems to be specific to the Trent 900 engine (and perhaps just the Qantas Trent 900 engines) and unconnected with the earlier test bed incident on a Trent 1000. The share sell-off which continued on Monday morning was halted and the share price had recovered somewhat by the end of the trading day in London.

StockMarketWire.com

Rolls-Royce is to carry out a series of checks on Airbuses powered by its Trent 900 engine following an engine failure on a Qantas flight last week.

 

RR share price on Monday November 8th: moneyam.com

 

Rolls-Royce said it had made progress on the cause of the failure and it was now clear the incident was specific to the Trent 900 engine.  It said: “As a result, a series of checks and inspections has been agreed with Airbus, with operators of the Trent 900 powered A380 and with the airworthiness authorities.
“These are being progressively completed which is allowing a resumption of operation of aircraft in full compliance with all safety standards. “We are working in close cooperation with Airbus, our customers and the authorities, and as always safety remains our highest priority.”
Rolls-Royce adds: “We can be certain that the separate Trent 1000 event which occurred in August 2010 on a test bed in Derby is unconnected.  This incident happened during a development programme with an engine operating outside normal parameters. We understand the cause and a solution has been implemented.”
It said the Trent 900 incident was the first of its kind to occur on a large civil Rolls-Royce engine since 1994. Since then Rolls-Royce has accumulated 142 million hours of flight on Trent and RB211 engines.


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