Navajo
- 29 Jun 2005 14:12
Now I can keep an eye on one of my monitored stocks which I'm currently in.
mitzy
- 07 Nov 2010 12:25
- 25 of 236
Moving down to 350p in my opinion.
skinny
- 08 Nov 2010 17:35
- 26 of 236
Rolls-Royce: Incident Is Specific To The Trent 900 Engine
Today : Monday 8 November 2010
Rolls-Royce PLC (RR.LN), an integrated power systems company announced Monday it has made progress in understanding the cause of the engine failure on the Trent 900 powered A380 Qantas flight QF32 on November 4, 2010 and has found that this incident is specific to the Trent 900 engine.
MAIN FACTS:
-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.
-The company is working in close cooperation with Airbus, its customers and the authorities, and as always safety remains its highest priority.
-The company 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 program with an engine operating outside normal parameters.
-The company understands the cause and a solution has been implemented.
-The Trent 900 incident is 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.
skinny
- 09 Nov 2010 11:02
- 27 of 236
Re Contract
TIDMRR.
November 9 2010
ROLLS-ROYCE WINS $1.2 BILLION ORDER FROM
CHINA EASTERN AIRLINES AND AGREES ENVIRONMENTAL PARTNERSHIP
Rolls-Royce, the global power systems company, has won an order worth $1.2bn,
at list prices, from China Eastern Airlines for Trent 700 engines to power
16 Airbus A330 aircraft. The order includes a TotalCare� long-term service
agreement.
Rolls-Royce and China Eastern Airlines have also formed a Carbon Partnership,
which aims to reduce CO2 emissions by 190,000 tonnes in its first year. The
partnership will see Rolls-Royce provide a fuel management service for the
airline's fleet of more than 300 aircraft. It will also supply enhanced
performance kits to upgrade the Trent 700 engines on China Eastern Airlines'
20 existing A330s.
China Eastern, which will bring its new A330s into service from 2011, was the
first airline in mainland China to use Trent technology when it received
Trent 500 engines for its Airbus A340 aircraft in 2003.
Steve Miller, Rolls-Royce, Civil Aerospace Vice President - China, said: "We
are delighted that China Eastern continues to put its trust in our leading-edge
Trent technology underpinned by a TotalCare� support package that offers
operational and performance benefits. We also look forward to assisting
China Eastern in its efforts to reduce its environmental impact."
Liu Shaoyong, Chairman, China Eastern, said: "We have found the Trent 700 to be
extremely effective in service and are pleased to select it for our latest
aircraft. We also look forward to working with Rolls-Royce through our
Carbon Partnership which we anticipate will reduce fuel consumption by at least
two per cent in its first year alone, the equivalent of a 190,000-tonne reduction
in CO2, which equates to the amount of CO2 produced by 80,000 cars over the
same period."
The Trent 700 is the only engine specifically designed for the Airbus A330 and
over 1,000 are now in service or on firm order. The engine remains the market
leader for the aircraft, capturing 75 per cent of orders over the last three
years. The engine offers outstanding levels of performance and delivers the
best payload capacity.
mitzy
- 10 Nov 2010 08:50
- 28 of 236
skinny
- 10 Nov 2010 08:52
- 29 of 236
Malaysian Airline CEO: No Plans To Defer A380 Order
Today : Wednesday 10 November 2010
Malaysian Airline System Bhd. (3786.KU) said Wednesday that it will keep its order for Airbus A380 superjumbo jets for now, despite recent problems relating to an engine blowout on a Qantas Airways Ltd. (QAN.AU) A380 last week.
"At this point, it is premature to speculate on the actual cause of the engine failure. As such, we have no plans to either defer the A380, or re-evaluate our choice of engine," Chief Executive Azmil Zahruddin told Dow Jones Newswires.
The national carrier has six A380 planes on order with the first to be delivered in the first half of 2012. The planes are to be powered by Rolls Royce (RR.LN) Trent 900 engines, the same type of engine on the troubled Qantas jet last week.
Azmil said the airline will monitor the situation "very closely" and is "in touch with the manufacturers." He declined to provide more details.
Another A380-operator, Singapore Airlines (C6L.SG), said Wednesday that it has grounded three of its 11 superjumbo jets to carry out precautionary engine changes. Qantas last week grounded all six of its A380s following the engine blowout on one of its planes.
skinny
- 02 Dec 2010 08:18
- 30 of 236
Rolls-Royce A380 engine had 'manufacturing fault'
Air safety investigators in Australia say they have identified a serious manufacturing fault with some engines fitted to Airbus A380 passenger jets.
skinny
- 06 Jun 2011 07:51
- 31 of 236
6 June 2011
PUBLIC TAKEOVER OFFER BY DAIMLER AND ROLLS-ROYCE FOR TOGNUM SUCCESSFUL -
COMPANIES NOW JOINTLY HOLD 60 PER CENT
* 58.35 per cent of shareholders accept the offer
* Important milestone in the takeover process of Tognum AG
* Additional acceptance period for the offer expires on June 20, 24.00 hrs
(CET)
* Daimler and Rolls-Royce expect further shares to be tendered during
additional acceptance period
* Tognum Management and Supervisory Board have tendered their shares
* Combination creates strong foundation for future growth
Stuttgart/London - Following the expiry of the acceptance period for its public
takeover offer for Tognum AG, Daimler AG and Rolls-Royce Holdings plc now hold
a total of 59.87 per cent of Tognum shares through their Joint Venture Engine
Holding GmbH. The bidders received acceptance declarations for an expected
equivalent of 58.35 per cent of the share capital of Tognum AG (about
76,657,611 million shares). The current total of 59.87 also includes around 1.5
per cent of the share capital (about 2 million shares) that was acquired by the
Joint Venture on the stock market during the acceptance period.
Daimler and Rolls-Royce are very pleased with this convincing result. It
represents a milestone in the takeover process of Tognum AG and lays a strong
foundation for the future co-operation of the three companies.
Since the 30 per cent threshold required for the takeover offer has been
exceeded, an additional acceptance period of two weeks is granted in accordance
with German law. Therefore, remaining shareholders can tender their shares into
the offer from June 7 to June 20, 24:00 hrs (CET). Daimler and Rolls-Royce
expect further shares to be tendered during the additional acceptance period.
By combining the strengths, technology and market access of Daimler,
Rolls-Royce and Tognum, the joint venture will establish a leading industrial
engine systems and solutions company, offering a broad portfolio of products,
services and integrated solutions on a worldwide basis.
On April 6, 2011, Daimler and Rolls-Royce made a public takeover offer to
purchase all outstanding shares of Tognum AG through their joint venture. The
offer was increased by two Euros to 26 Euro per Tognum share on May 16. The
Supervisory and Management Boards of Tognum AG fully support the attractive
offer and already have tendered their shares. The Executive and the Supervisory
Board recommend the acceptance of the offer to all shareholders of Tognum AG.
skinny
- 14 Jul 2011 13:55
- 32 of 236
Rolls-Royce Holdings PLC (RR.LN), a global power systems company, said Thursday it has been awarded a GBP50 million contract by Swire Pacific Offshore to supply advanced anchor handling systems for four offshore vessels, currently under construction in Singapore.
MAIN FACTS:
-Rolls-Royce will supply a complete deck machinery system to each of the four vessels, which are being built at the ST Marine Singapore shipyard.
And yesterday.
Rolls-Royce Holdings PLC (RR.LN), a global power systems company, said Wednesday it has won new orders totaling over GBP22 million for its technologically-advanced Bergen reciprocating engines.
MAIN FACTS:
-Orders will be used to provide electricity and heat for industrial uses in Russia, Spain and Holland.
-Shares at 0915 GMT up 3 pence, or 0.5%, at 639 pence valuing the company at GBP11.978 billion.
Tuesday
Rolls-Royce Holdings PLC, a global power systems company, announced Tuesday an GBP11 million order to design and equip two offshore service vessels for Italian ship owner Fratelli D'Amato.
MAIN FACTS:
-These UT 755 XL vessels will carry out operations in the offshore oil and gas sector and will be built at the Rosetti Marino S.p.A (YRM.MI) shipyard in Italy.
-The order includes an integrated system of Rolls-Royce equipment including thrusters for maneuvering, rudders, propellers, deck machinery and a bulk handling system for the safe loading of fluids and solid cargo.
-The vessels are due to be delivered by the end of 2013.
-This order will bring Fratelli D'Amato's fleet of Rolls-Royce UT vessels to eight.
skinny
- 28 Jul 2011 07:38
- 33 of 236
Half Yearly Report.
Group Highlights
- 8.7bn of new orders: record order book of 61.4bn.
- Underlying revenues up four per cent to 5.46bn.
- Underlying profit before tax, up 28 per cent to 595m, benefiting from one-off
trading items.
- First half payment to shareholders up eight per cent to 6.9 pence per share.
- Exclusive agreement to power the Airbus A350-1000.
- Over 94 per cent of shares secured in the joint Public Tender Offer for
Tognum AG.
- Full year Group profit guidance for 2011 confirmed.
Chris Carson
- 22 Sep 2011 16:48
- 34 of 236
skinny - Looking cheap now, have you dipped a toe?
skinny
- 22 Sep 2011 16:51
- 35 of 236
Chris - yes I bought today @599 !
Chris Carson
- 22 Sep 2011 16:55
- 36 of 236
May join you tomorrow, just looked up Interim Ex-Divi date 26/10, followed by Trading statement 11/11 worth a punt.
Chris Carson
- 23 Sep 2011 14:37
- 37 of 236
Long (Dec Contract) spread bet @ 586.1
Chris Carson
- 26 Sep 2011 10:18
- 38 of 236
Stop to entry for risk free trade.
skinny
- 26 Sep 2011 10:20
- 39 of 236
Chris - it looks like your entry was somewhat better than mine!
Chris Carson
- 26 Sep 2011 10:23
- 40 of 236
skinny - Still looks a wee bit dodgy mate, we'll see :O)
Chris Carson
- 27 Sep 2011 08:33
- 41 of 236
Stop to 596.1 to lock in + 10
skinny
- 27 Sep 2011 12:44
- 42 of 236
All yours Chris - I'm out +21.
Chris Carson
- 27 Sep 2011 14:43
- 43 of 236
Stop to 611.1 to lock in + 25. Can't be much upside left but you never know.
skinny
- 11 Oct 2011 07:04
- 44 of 236
Contract Win.
Rolls-Royce, the global power systems company, has been awarded a $99.9 million
MissionCare contract by the US Department of Defense Naval Air Systems Command
at Patuxent River to provide support for the F405 (Adour) engines that power
the US Navy's T-45 training aircraft.