Perky1106 Posted November 8, 2010 Share Posted November 8, 2010 Doesn't sound like good news at all. http://www.bbc.co.uk/news/11709179 Rolls-Royce shares have continued to fall, dropping 1.4% by mid-morning, as investors worry about the impact of engine problems on the Airbus A380. Its shares have now fallen about 10% since one of its engines broke apart on a Qantas flight last Thursday. On Monday, Qantas said it had found "slight anomalies" on three A380 engines and was keeping its fleet of six A380s grounded for further checks. Tests have uncovered oil leaks in the engines of three of its grounded A380s. ------------------ Rolls Royce employs 11,000 people in Derby. If it gets worse and the Engines are found to be dodgy it could destroy the reputation of the company and it could fall apart. Link to comment Share on other sites More sharing options...
Dangerous Posted November 8, 2010 Share Posted November 8, 2010 Bad news indeed.Does look like they need to get their house in order though. Link to comment Share on other sites More sharing options...
Alex W Posted November 8, 2010 Share Posted November 8, 2010 Three leaks in different machines, someone is not doing their job properly, and it's going to affect the entire company. If one of those planes had failed in the air and resulted in death, the company would have all but been destroyed in the aftermath. They're gotten very lucky that they managed to land the plane safely. Link to comment Share on other sites More sharing options...
Hucknall Ram Posted November 8, 2010 Share Posted November 8, 2010 Three leaks in different machines, someone is not doing their job properly, and it's going to affect the entire company. If one of those planes had failed in the air and resulted in death, the company would have all but been destroyed in the aftermath. They're gotten very lucky that they managed to land the plane safely. It won't be destroyed, Rolls Royce have a very good record compared to other engine manufactures like GE and Pratt & Whitney Link to comment Share on other sites More sharing options...
Boycie Posted November 8, 2010 Share Posted November 8, 2010 and Rolls Royce is a big employer in Hucknall, hucknall. Link to comment Share on other sites More sharing options...
Alex W Posted November 8, 2010 Share Posted November 8, 2010 It won't be destroyed, Rolls Royce have a very good record compared to other engine manufactures like GE and Pratt & Whitney I meant that if the plane had crashed and lives were lost, RR may well have been destroyed. Link to comment Share on other sites More sharing options...
Boycie Posted November 8, 2010 Share Posted November 8, 2010 If it had landed in sinfin, RR may have been destroyed, but I know what you mean alex. Link to comment Share on other sites More sharing options...
Hucknall Ram Posted November 8, 2010 Share Posted November 8, 2010 and Rolls Royce is a big employer in Hucknall, hucknall. Not if the yanks have there way, they want shut large parts down. Link to comment Share on other sites More sharing options...
Boycie Posted November 8, 2010 Share Posted November 8, 2010 Typical yanks. Have they putany money in? Link to comment Share on other sites More sharing options...
Hucknall Ram Posted November 8, 2010 Share Posted November 8, 2010 Yeah they have in the areas they want to keep, but not where they want to get rid Link to comment Share on other sites More sharing options...
Boycie Posted November 8, 2010 Share Posted November 8, 2010 Who are they? investers or another company like Boeing? Link to comment Share on other sites More sharing options...
Hucknall Ram Posted November 8, 2010 Share Posted November 8, 2010 Who are they? investers or another company like Boeing? What Rolls Royce? Not sure if it's American owed, but it does have strong American influence Link to comment Share on other sites More sharing options...
Boycie Posted November 8, 2010 Share Posted November 8, 2010 What Rolls Royce? Not sure if it's American owed, but it does have strong American influence You gossip monger, you aint got a clue have yer! Not Hicks and Gillette is it? Link to comment Share on other sites More sharing options...
Hucknall Ram Posted November 8, 2010 Share Posted November 8, 2010 You gossip monger, you aint got a clue have yer! Not Hicks and Gillette is it? It's not hicks and gillette.....I don't think Link to comment Share on other sites More sharing options...
Boycie Posted November 8, 2010 Share Posted November 8, 2010 Appleby and Mr Yahhhhhhooooo oooooo? Link to comment Share on other sites More sharing options...
vicky-27 Posted November 9, 2010 Share Posted November 9, 2010 They have just won a contract in China worth 750 million. Link to comment Share on other sites More sharing options...
Perky1106 Posted December 2, 2010 Author Share Posted December 2, 2010 Worrying. http://www.bbc.co.uk/news/world-asia-pacific-11895106 Qantas has begun legal action against the engine supplier Rolls-Royce following the explosion of an engine on one of the airline's Airbus A380s. It said the legal action was back-up in case a settlement could not be reached. Earlier, Australian air safety authorities said they had identified a serious manufacturing fault with some of Rolls-Royce's Trent 900 engines. Link to comment Share on other sites More sharing options...
Obi1Kenobi0 Posted December 2, 2010 Share Posted December 2, 2010 Worrying. http://www.bbc.co.uk/news/world-asia-pacific-11895106 But as it says this is just so Qantas cover their arses in case RR don't offer them what they would consider a decent compensation package. A warning shot across the bows. Considering how these engines have been tested to destruction, it is surprising how serious the fault was. I've read they have identified the problem and are rectifying it. Historically RR have a decent record but Alex is right if that plane had exploded mid air or crashed with loss of life RR may very well have not survived. Link to comment Share on other sites More sharing options...
Hartley Hare Posted December 3, 2010 Share Posted December 3, 2010 Do I recall correctly that they shut some test bed facility at Sinfin a couple of years ago....? Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.