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Search resuls for: "Blankenfelde"


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A Rolls Royce jet engine on display at the Rolls-Royce aircraft jet engine production and repair facility in Blankenfelde on February 28, 2023 near Berlin, Germany. The British aerospace and defense company's financial performance has been transformed, thanks to a turnaround plan led by its CEO Tufan Erginbilgic, who took the job in January. Its soaring stock price suggests that the markets have dismissed criticism of its jet engines by Emirates Airline President Tim Clark at the Dubai Airshow this week. The comments were directed at Rolls-Royce's Trent XWB-84 engines used on the Airbus A350-900 passenger jet. Rolls-Royce later pushed back against the criticism, saying in a statement that the A350-900′s XWB-84 engine "is the best engine out there when you look at efficiency, durability and reliability."
Persons: Royce, Tufan Erginbilgic, Tim Clark, Trent XWB, Clark, Ewen McDonald, Erginbilgic Organizations: Rolls Royce, Royce, Emirates, Airbus, Boeing, Deutsche Bank, Reuters Locations: Blankenfelde, Berlin, Germany, British, Dubai, Emirates
A Rolls Royce jet engine on display at the Rolls-Royce aircraft jet engine production and repair facility in Blankenfelde on February 28, 2023 near Berlin, Germany. LONDON — Shares of Rolls-Royce rocketed to their highest level since the start of the pandemic Wednesday morning after the British aerospace and defense firm raised its full-year profit guidance and said it would vastly outperform expectations for its half-year results. Market consensus is currently for a £934 million underlying operating profit, the company said. It added that it sees its first-half underlying operating profit, due August 3, coming in at just over double analyst expectations of £328 million. Rolls-Royce makes engines for Airbus and Boeing.
Persons: Royce rocketed Organizations: Rolls Royce, Royce, LONDON, Airbus, Boeing Locations: Blankenfelde, Berlin, Germany, British
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