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Search resuls for: "Lufthansa Technik AG"


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Shares of Rolls-Royce jumped more than 11% to hit an all-time high on Thursday after the company reinstated its dividend and raised its profit forecast on the back of strong first-half results. That's up from the £1.7 billion to £2.0 billion forecast in its 2023 full-year results and ahead of market expectations. The firm, which supplies aviation giants Boeing and Airbus, also said it would resume dividends for full-year 2024, starting at a 30% pay-out ratio of underlying profit after tax. "These results and our increased financial resilience give us the confidence to raise our 2024 guidance and reinstate shareholder distributions in respect of the full year 2024 results," Erginbilgic added. Underlying operating profit was £1.15 billion, up from £673 million in the previous year.
Persons: Royce, Tufan Erginbilgic, Erginbilgic Organizations: Royce Trent, Airbus, Lufthansa Technik AG, Royce, London, Boeing Locations: British
Lufthansa Technik unveiled a cabin design for Boeing's newest business jet. The more than $400 million BBJ 777X was unveiled in 2018 and is expected to enter service in 2025. AdvertisementAhead of last month's Dubai Airshow, Lufthansa Technik AG unveiled a new luxury design for Boeing's upcoming BBJ 777-9 business jet. Boeing Business Jets is the company's private aviation arm and produces a line of private planes based on its commercial airliners, including the BBJ 737 MAX, the BBJ 787, and the upcoming BBJ 777X. Named the CelestialSTAR and primarily targeting Middle Eastern royal families, the long-awaited 777X design looks like a palace with a modern flair.
Persons: Organizations: Lufthansa Technik, Service, Dubai, Lufthansa Technik AG, Boeing Business Jets
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